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New Senior Housing Coming to West Baltimore

New Senior Housing Coming to West Baltimore

By Adrian Maties, Associate Editor Enterprise Homes and Capital One Bank broke ground on Thursday, June 7, on The Greens at Irvington Mews, Baltimore’s newest senior housing development. Baltimore Mayor Stephanie Rawlings-Blake, Secretary Skinner, Enterprise Homes President Chickie Grayson and other officials attended the ceremony. Located on the city’s west…

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Eastpoint Mall Auctioned for $30M

Eastpoint Mall Auctioned for $30M

By Adrian Maties, Associate Editor The Eastpoint Mall in Dundalk, MD sold May 29 at auction for $30.3 million, barely one-quarter of the asking price it commanded in 2006. LNR Property LLC, a Miami Beach, Fla.-based real estate investment firm, submitted the winning bid. Tidewater Auctions LLC of Towson handled…

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Developers Plan $100 Million Development in Columbia

Developers Plan $100 Million Development in Columbia

By Adrian Maties, Associate Editor The city of Columbia may see a new apartment and retail complex in the near future. On Tuesday, May 22, officials with Orchard, Kettler and Howard Hughes Corp. presented plans at The Rouse Company Foundation Student Services Hall at Howard Community College, for a $100…

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Enterprise Reopens Harper House Affordable Housing Community in Howard County

Enterprise Reopens Harper House Affordable Housing Community in Howard County

By Adrian Maties, Associate Editor   Enterprise Homes has re-opened Harper House. The Columbia apartment building has received a $21 million total building “green” makeover. Enterprise is celebrating its 30th anniversary this year, and the building is a tribute to Jim Rouse (April 26, 1914 – April 9, 1996), Enterprise’s…

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Towson City Center Almost Fully Leased as Opening Nears

Towson City Center Almost Fully Leased as Opening Nears

By Adrian Maties, Associate Editor The Towson Town Center is almost fully leased just weeks before opening. Cassidy Turley has been leasing the building on behalf of the owner Caves Valley Partners. On May 2, Cassidy Turley announced that only two floors of the 12-story building have not been leased. Located on…

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Two 30-Story Apartment Towers will Replace Baltimore’s Mechanic Theatre

Two 30-Story Apartment Towers will Replace Baltimore’s Mechanic Theatre

By Adrian Maties, Associate Editor Since it opened in January 1967, the Morris A. Mechanic Theatre was for many years Baltimore’s primary venue to host touring Broadway plays and feature major productions. However, those days are now long gone. In time, the theatre became obsolete as it was too small and…

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New Apartments Coming to Baltimore

New Apartments Coming to Baltimore

By Adrian Maties, Associate Editor A $16 million housing development is expected to breathe new life into Baltimore’s Johnston Square neighborhood. Empire Homes of Maryland Inc. and Baltimore-based French Development Co. are the developers of the project. The 74-unit apartment community will be named The Lillian Jones Apartments, in honor of a…

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$200M Cancer Treatment Facility Coming to Baltimore

$200M Cancer Treatment Facility Coming to Baltimore

By Adrian Maties, Associate Editor The University of Maryland School of Medicine and Advanced Particle Therapy LLC of San Diego, Calif. started work last week on a more than $200 million proton treatment center in Baltimore’s west side. This will be [...]…

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KBS Legacy Partners Apartment REIT Buys 255-Unit Community in Pikesville

KBS Legacy Partners Apartment REIT Buys 255-Unit Community in Pikesville

By Adrian Maties, Associate Editor KBS Legacy Partners Apartment REIT, Inc. has acquired a Class A 255-unit apartment complex in Pikesville, Maryland. The transaction closed on April 6, representing the third equity acquisition for the Newport Beach, Calif.-based, non-traded REIT. Kettler [...]…

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Industrial Income Trust Buys Hanover Building; Walker & Dunlop Gets Financing for Hunt Valley Towne Centre

Industrial Income Trust Buys Hanover Building; Walker & Dunlop Gets Financing for Hunt Valley Towne Centre

By Adrian Maties, Associate Editor A subsidiary of Colorado-based Industrial Income Trust Inc. (IIT) has paid $7.8 million for the BWI Commerce Center in Hanover, Maryland. The 128,000-square foot industrial building was sold by an affiliate of Boston’s Great Point Investors [...]…

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Proposed Foundry Row Development Could Breathe New Life into Owings Mills

Proposed Foundry Row Development Could Breathe New Life into Owings Mills

By Adrian Maties, Associate Editor   Developer Greenberg Gibbons plans to demolish the 1.8 million square-foot Solo Cup site on Reisterstown Road in Owings Mills in the coming months and build a $140 million retail center anchored by Wegmans in its place. [...]…

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AiNET to open Data Center in Glen Burnie

AiNET to open Data Center in Glen Burnie

By Adrian Maties, Associate Editor   AiNet, the Beltsville-based IT solutions provider, announced on March 19 it is preparing to open a data center in Glen Burnie, Maryland. Called CyberNAP, the 300,000-square-foot facility will be housed in an existing building, the former [...]…

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