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JV Buys Fairways at Towson Apartments for More than $100M

JV Buys Fairways at Towson Apartments for More than $100M

Tryko Partners, LLC has joined forces with the Investcorp Group for the acquisition of a large apartment community in the Baltimore metro area. The two companies have paid more than $100 million to buy the Fairways at Towson Apartments. They now plan to start work on a multi-million-dollar renovation project…

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Two Greater Baltimore Office Properties Change Hands

Two Greater Baltimore Office Properties Change Hands

Two Greater Baltimore office properties have changed hands at the start of the month. The building at 999 Corporate Boulevard, in Linthicum, and the one at 1614 Churchville Road, in Bel Air, sold for a total of almost $9.5 million.…

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Annapolis Apartment Community Sells for $105M

Annapolis Apartment Community Sells for $105M

A large, Class B multifamily property in Greater Baltimore changed hands last month. Columbia Realty Venture, LLC, an affiliate of Bernstein Management Corporation, sold the Watergate Village apartment community to Elie Rieder, CEO of Castle Lanterra Properties, for $105 million.…

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New Radisson Hotel Opens in the Baltimore Area

New Radisson Hotel Opens in the Baltimore Area

Radisson is expanding in the Baltimore area. The brand has recently opened a new hotel in Timonium.…

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Meshing Vintage City Life with Upscale Design

Meshing Vintage City Life with Upscale Design

Located near the invigorated neighborhoods of Roland Park, Hampden and Medfield, The Icon Residences will feature 379 luxurious apartments, premier shops, restaurants and office space. …

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Banking on Interior Renovations

Banking on Interior Renovations

A joint venture acquisition between Tryko Partners and Investcorp of Fairways at Towson Apartments, an 828-unit apartment community in Baltimore, has been announced. …

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Beatty Development Officially Breaks Ground on Harbor Point, Baltimore’s Newest Neighborhood

Beatty Development Officially Breaks Ground on Harbor Point, Baltimore’s Newest Neighborhood

Work is now underway on Baltimore’s newest and largest waterfront development project. On the morning of Wednesday, February 25, Beatty Development celebrated the official groundbreaking of Harbor Point, together with Mayor Stephanie Rawlings-Blake and other local officials.…

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Baltimore’s Church Square Shopping Center Changes Hands

Baltimore’s Church Square Shopping Center Changes Hands

Baltimore’s Church Square Shopping Center is now under new ownership. The property’s former owner, a joint venture between The Hampshire Companies, of Morristown, N.J., and Baltimore-based MCB Real Estate, sold it to Kodiak Properties, LLC and Burley Church, LLC, for an undisclosed price. KLNB, LLC represented both the buyer and…

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Terreno Realty Corporation Pays $10.4M for Another Industrial Property in Annapolis Junction

Terreno Realty Corporation Pays $10.4M for Another Industrial Property in Annapolis Junction

Terreno Realty Corporation has acquired another industrial property in the Baltimore/Washington Corridor. The San Francisco-based company paid approximately $10.4 million to buy the property at 9070 Junction Drive, in Annapolis Junction. The deal closed on February 19.…

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Baltimore-Washington Corridor Office Building Sells for $9.35M

Baltimore-Washington Corridor Office Building Sells for $9.35M

A Greater Baltimore office property has recently changed hands. The Dorsey Business Center, in Elkridge, was acquired by a joint venture of CSG Partners and Blue Vista Capital, for $9.35 million.…

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Greenberg Gibbons to Renovate The Shops at Kenilworth

Greenberg Gibbons to Renovate The Shops at Kenilworth

Greenberg Gibbons plans to renovate The Shops at Kenilworth, a landmark shopping destination in Towson. The cost of the project is $20 million.…

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Black Oak Associates to Sell the New Town Village Center in Owings Mills

Black Oak Associates to Sell the New Town Village Center in Owings Mills

The New Town Village Center in Owings Mills is now on the market. Black Oak Associates, LLC, the owner of the property, has retained the Greysteel Company’s Mid-Atlantic retail investment sales team as the exclusive advisor and agent of sale.…

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