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AEW and Redgate to Break Ground on a 285,000 Sq. Ft. Industrial Facility in the Baltimore-Washington Corridor

AEW and Redgate to Break Ground on a 285,000 Sq. Ft. Industrial Facility in the Baltimore-Washington Corridor

A new industrial distribution facility is coming to the Baltimore-Washington Corridor. AEW Capital Management and Redgate Capital Partners, two Boston-based companies, plan to take advantage of the hot Baltimore-area industrial market and start construction on a 285,000-square-foot building in the fourth quarter of the year.…

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Northrop Grumman Breaks Ground on $20M Space Assembly and Test Facility in Linthicum

Northrop Grumman Breaks Ground on $20M Space Assembly and Test Facility in Linthicum

Northrop Grumman Corporation is adding another building to its 129-acre campus in Anne Arundel County. The company officially broke ground on Monday, July 14, on a new Space Assembly and Test (M-SAT) facility. Senator Ben Cardin, Representatives C. A. Dutch Ruppersberger and John Sarbanes, and many others joined Gloria Flach,…

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Hartz Mountain Industries Buys Prime Baltimore-Washington Corridor Industrial Asset for $18.7M

Hartz Mountain Industries Buys Prime Baltimore-Washington Corridor Industrial Asset for $18.7M

Another industrial property has recently changed hands in the Greater Baltimore area. Last week I wrote about several properties which changed hands in the submarkets located to the north of I-95, where the industrial market is performing very well. Now, it’s the Baltimore-Washington Corridor’s turn to make the headlines.…

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Industrial Investors Attracted to the Hot Submarkets North of I-95

Industrial Investors Attracted to the Hot Submarkets North of I-95

The Baltimore industrial market is performing very well in the submarkets located to the north of I-95 (Baltimore City, Baltimore County East, and Harford/Cecil County), much better than in any other regions in the metropolitan area. According to reports from Cassidy Turley, compared to the same period last year, available…

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$442M Horseshoe Casino to Open in Baltimore This August

$442M  Horseshoe Casino to Open in Baltimore This August

Maryland is getting ready to welcome its newest casino. Executives of Horseshoe Casino Baltimore announced last week that the grand opening of the $442 million entertainment facility is scheduled for August 26, pending regulatory approval.…

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JV Buys Large Industrial Building and Development Site in Baltimore County

JV Buys Large Industrial Building and Development Site in Baltimore County

AEW Capital Management, a Boston-based privately owned real estate investment manager, has recently formed a joint venture with Redgate Capital Partners, a private equity real estate investment firm also headquartered in Bean Town, to acquire a large industrial building and a development site in Baltimore County. The price of the…

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New Key’s Pointe Residences Open in Baltimore, Part of O’Donnell Heights Revitalization

New Key’s Pointe Residences Open in Baltimore, Part of O’Donnell Heights Revitalization

At the start of the month, the city of Baltimore celebrated the opening of the newly constructed Key's Pointe Residences, the first phase of the O'Donnell Heights Revitalization project. Mayor Stephanie Rawlings-Blake was present at the ribbon-cutting ceremony together with Paul T. Graziano, Executive Director of the Housing Authority of…

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Enterprise OpensThe Greens at English Consul Affordable Apartments For Seniors

Enterprise OpensThe Greens at English Consul Affordable Apartments For Seniors

Enterprise Homes celebrated last Tuesday, June 3, the grand opening of its latest senior community in Baltimore County. Called The Greens at English Consul, it is the first new construction in the Lansdowne/Baltimore Highlands neighborhood in almost 20 years.…

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Former Department Store Warehouse In Mount Vernon Gets New Life As Luxury Apartments

Former Department Store Warehouse In Mount Vernon Gets New Life As Luxury Apartments

A new, luxury, green apartment community is coming to downtown Baltimore. Time Group Investments has turned the former main warehouse of the Hochschild Kohn department store chain into 171 luxury apartments and is now getting ready to receive tenants.…

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Large South Baltimore Multifamily Portfolio on The Market

Large South Baltimore Multifamily Portfolio on The Market

Another large Baltimore-area multifamily portfolio is on the market. The 132-unit Curtis Bay Village, located off Route 173 in Curtis Bay, is looking for new owners.…

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Johns Hopkins to Build Cancer Center in Baltimore with $65 Million Gift

Johns Hopkins to Build Cancer Center in Baltimore with $65 Million Gift

Johns Hopkins has announced on May 6 its plans to build a new cancer treatment building in Baltimore. The facility will be constructed with the help of a $65 million gift. It will be named after the late Albert P. “Skip” Viragh, Jr., a philanthropist and a former cancer patient…

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Hilton Baltimore BWI Airport Completes Renovation

Hilton Baltimore BWI Airport Completes Renovation

The Hilton Baltimore BWI Airport announced last week the completion of a number of significant upgrades. They helped improve the hotel’s ranking and elevated it into the top five of its competitive set, according to reviewers on one of the top guest-rated websites.…

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