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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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Whole Foods to Expand in Baltimore’s Harbor East with New Flagship Store

Whole Foods to Expand in Baltimore’s Harbor East with New Flagship Store

Whole Foods Market is expanding in downtown Baltimore. The supermarket chain recently announced it will relocate to 711 S. Central Avenue, where it will occupy almost 50,000 square feet of space, more than double the size of its current location.…

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Goodwill Industries of the Chesapeake Buys Office Building in Downtown Baltimore

Goodwill Industries of the Chesapeake Buys Office Building in Downtown Baltimore

Goodwill Industries of the Chesapeake has recently purchased a new building in downtown Baltimore. The acquisition is part of the workforce development agency’s plan to expand the number and quality of services it provides to unemployed and underemployed residents of Baltimore.…

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Delancey Street Capital Buys Ridgely’s Delight Apartments for $3M

Delancey Street Capital Buys Ridgely’s Delight Apartments for $3M

Delancey Street Capital has closed on its fifth deal in the Baltimore metropolitan area. The company, which recently moved its offices from Philadelphia to New York, has paid $2,958,000 to acquire Ridgely’s Delight Apartments. RD30, LLC was the seller.…

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Emergent BioSolutions to Expand Baltimore Manufacturing Facility, Create 158 New Jobs

Emergent BioSolutions to Expand Baltimore Manufacturing Facility, Create 158 New Jobs

Emergent BioSolutions is expanding one of its two Baltimore manufacturing facilities. And the state of Maryland is helping the biopharmaceutical company with a $2 million conditional loan from the Department of Business and Economic Development’s Maryland Economic Development Assistance Authority and Fund.…

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Two Baltimore Office Towers Hit the Market

Two Baltimore Office Towers Hit the Market

In its latest office market report, CBRE said that investors are showing more interest in the Baltimore metro area than since before the recession. The number of office sales in 2014 exceeded that of the previous year and, according to CBRE, activity is expected to continue to increase, as pricing…

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Aaron’s, Inc. Renews Lease for 100,000Sq.Ft. in Belcamp

Aaron’s, Inc. Renews Lease for 100,000Sq.Ft. in Belcamp

Aaron’s, Inc. is staying in Belcamp. The Atlanta-based retailer has recently renewed its lease for 100,000 square feet of space at the Riverside Distribution Center.…

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Paragon Outlet Partners to Build 568,000 Sq.Ft. Shopping Center In White Marsh

Paragon Outlet Partners to Build 568,000 Sq.Ft. Shopping Center In White Marsh

A local company plans to bring another shopping center to the Baltimore metropolitan area. Paragon Outlet Partners LLC announced on Monday, February 2, the acquisition of more than 50 acres of land, in the White Marsh section of Baltimore County. The developer intends to build a 568,000-square-foot open-air outlet shopping…

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Wyndham Hotel Group Strengthens its Presence in Greater Baltimore

Wyndham Hotel Group Strengthens its Presence in Greater Baltimore

By Adrian Maties, Associate Editor   Wyndham Hotel Group continues with the expansion of its Wyndham Hotels and Resorts brand in the United States. The company announced the opening of the Hunt Valley Inn – A Wyndham Grand Hotel in Hunt Valley following a $15 million renovation and conversion project. The property…

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Green Street Academy Breaks Ground on a School Renovation Project in Baltimore

Green Street Academy Breaks Ground on a School Renovation Project in Baltimore

Green Street Academy broke ground on Wednesday, January 28, on the renovation of a former school building in West Baltimore. The public charter school plans to relocate plans to relocate to the new facility.…

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