Home » Cities »  (Page 9)

Baltimore


Two Class A Industrial Buildings Sold in Baltimore

Two Class A Industrial Buildings Sold in Baltimore

Hillwood Investment Properties, a Perot company, has announced the purchase of two Class A industrial facilities in Baltimore. Hillwood made the acquisition in a joint venture with Brookfield Asset Management.One of the properties is located at 451 Fletchwood Road, in Elkton, while the other is at 238 Belvidere Road in…

Continue reading →

Baltimore Apartment Community Wins Top Honors at Three Award Ceremonies

Baltimore Apartment Community Wins Top Honors at Three Award Ceremonies

The Arbors at Baltimore Crossroads in Baltimore recently won top honors at three award ceremonies. The luxury rental community was designed by KTGY Group, Inc., Architecture + Planning. It was developed by Somerset Construction Company and is managed by Bozzuto Management.…

Continue reading →

Inner Baltimore’s Harborplace Sold to Ashkenazy Acquisition Corporation

Inner Baltimore’s Harborplace Sold to Ashkenazy Acquisition Corporation

Mayor Stephanie Rawlings-Blake announced on October 23 that the Baltimore waterfront's iconic Harborplace has been sold to the Ashkenazy Acquisition Corporation. The New York real estate investment firm acquired the Inner Harbor complex from General Growth Properties. The sale price was not disclosed and representatives from both companies declined to…

Continue reading →

Walmart Supercenter Opens in Randallstown, MD

Walmart Supercenter Opens in Randallstown, MD

Brixmor Property Group, the second largest owner of community and neighborhood shopping centers in the United States, opened a new Walmart Supercenter in Randallstown, MD, on Wednesday, October 17. At the ribbon-cutting ceremony, Walmart associate, Hugh Lowery performed the national anthem.…

Continue reading →

St. John Starts Work on 270,000 Sq. Ft. BWI Technology Park II in Anne Arundel County

St. John Starts Work on 270,000 Sq. Ft. BWI Technology Park II in Anne Arundel County

St. John Properties, Inc. has started work on BWI Technology Park II, a 44-acre mixed-use business community located near BWI Airport in Anne Arundel County. This is St. John’s seventh business community developed in Anne Arundel County. The initial R&D/flex building is the company’s 100th commercial office or retail project…

Continue reading →

St. John Properties Breaks Ground on New R&D/Flex Office Building in Maple Lawn

St. John Properties Breaks Ground on New R&D/Flex Office Building in Maple Lawn

St. John Properties, Inc. started construction at the end of September on a 42,620 square foot single-story building in its Maple Lawn Corporate Center park in Maple Lawn, a 600-acre mixed-use business community located in Howard County. This is the company’s final R&D/flex office product constructed in the Maple Lawn…

Continue reading →

Industrial Leases Pick Up in Baltimore

Industrial Leases Pick Up in Baltimore

As we’ve previously reported, the Baltimore Metro Area industrial market is seeing a lot of activity lately.…

Continue reading →

UMBC Opens First Phase of $165M Performing Arts and Humanities Building

UMBC Opens First Phase of $165M Performing Arts and Humanities Building

The University of Maryland, Baltimore County (UMBC) held a day-long celebration on Wednesday, September 19, to mark the grand opening of the first phase of its new $165 million Performing Arts and Humanities Building as well as the ground breaking for the second phase. Governor Martin O’Malley was present at…

Continue reading →

Belcamp’s Riverside Distribution Center Sells for $31.1M; Baltimore County Industrial Building Secures $12.5M Bridge Loan

Belcamp’s Riverside Distribution Center Sells for $31.1M; Baltimore County Industrial Building Secures $12.5M Bridge Loan

By Adrian Maties, Associate Editor Cassidy Turley recently announced the sale of a 599,109-square-foot industrial property in Belcamp, MD. Pennsylvania-based Exeter Property Group acquired the portfolio from Boston-based TA Associates for $31.1 million. The seller was represented by Jonathan Carpenter and James Wellschlager of Cassidy Turley’s Capital Markets Group. The…

Continue reading →

IIT Buys Two Greater Baltimore Industrial Assets for $16.1M

IIT Buys Two Greater Baltimore Industrial Assets for $16.1M

By Adrian Maties, Associate Editor Industrial Income Trust continues its buying spree in the Greater Baltimore area. The Denver-based real estate investment trust paid $16.1 million for two fully leased industrial properties. The transactions occurred simultaneously in the first week of August. TA Realty Associates was the seller. The company…

Continue reading →

Baltimore High-Rise Office Buildings Going Up For Auction

Baltimore High-Rise Office Buildings Going Up For Auction

By Adrian Maties, Associate Editor Two office buildings in Baltimore’s central business district are expected to be auctioned off in the following months. The two properties are the Calvert Center at 225 N. Calvert Street and the office building at 1 N. Charles Street. The Calvert Center is a 17-story…

Continue reading →

Historic Sparrows Point Steel Mill Sold For $72M

Historic Sparrows Point Steel Mill Sold For $72M

By Adrian Maties, Associate Editor On Wednesday, August 15, a federal bankruptcy judge in Wilmington, Delaware, approved the sale of  the historic Sparrows Point steel mill. The property was sold to liquidator Hilco Trading of Illinois and St. Louis-based Environmental Liability Transfer for about $72.5 million. Its owner, RG Steel…

Continue reading →