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Vice President Joe Biden, Governor Martin O’Malley and Other Dignitaries to Celebrate Grand Opening of $112M John and Frances Angelos Law Center

Vice President Joe Biden, Governor Martin O’Malley and Other Dignitaries to Celebrate Grand Opening of $112M John and Frances Angelos Law Center

The University of Baltimore has announced that U.S. Vice President Joe Biden and U.S. Supreme Court Associate Justice Elena Kagan will join Maryland Governor Martin O'Malley, Maryland Court of Appeals Chief Judge Robert M. Bell and many other state, local and federal officials for several grand opening events for the…

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Record of Decision Makes Baltimore Red Line Eligible for Future Federal Funds

Record of Decision Makes Baltimore Red Line Eligible for Future Federal Funds

Governor Martin O’Malley has announced on March 5 the Baltimore Red Line has received federal environmental approval. The Federal Transit Administration’s approval is called a record of decision. It makes the project eligible for future federal funding.…

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Morgan Properties and Dune Buy Glen Burnie’s 796-Unit Chesapeake Glen Apartments

Morgan Properties and Dune Buy Glen Burnie’s 796-Unit Chesapeake Glen Apartments

Morgan Properties of King of Prussia, Pa., and Dune Real Estate Partners LP of New York have teamed up to acquire the Chesapeake Glen Apartments community in Glen Burnie, Md., from Equity Residential. The cost of the transaction has not yet been disclosed. HFF represented the seller.…

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Baltimore Ravens to Invest $35M in Upgrades to the M&T Bank Stadium

Baltimore Ravens to Invest $35M in Upgrades to the M&T Bank Stadium

NFL champions the Baltimore Ravens aren’t taking it easy after defeating the San Francisco 49ers in Super Bowl XLVII. The team announced last Thursday it plans to invest $35 million to upgrade M&T Bank Stadium and enhance the fan experience.…

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The Howard Hughes Corporation, Kettler and Orchard Development Corporation Break Ground on $100 Million Metropolitan Downtown Columbia

The Howard Hughes Corporation, Kettler and Orchard Development Corporation Break Ground on $100 Million Metropolitan Downtown Columbia

Shovels broke ground on Monday, February 11, as work started on The Metropolitan Downtown Columbia, a $100 million mixed-use project in downtown Columbia’s Warfield neighborhood. Developers and county officials attended the ceremony.…

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Tower Point at the Highlands Sold for $23.7M to Greenfield Partners

Tower Point at the Highlands Sold for $23.7M to Greenfield Partners

Connecticut-based Greenfield Partners LLC has acquired Tower Point at the Highlands, a corporate campus, situated on 60-acres in Sparks, Maryland. The seller was Equus Capital Partners Ltd. The property sold for $23.7 million or $124 per square foot.. Tower Point is a 162,646-square-foot campus about 20 miles north of Baltimore.…

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Jefferson Apartment Group Starts Construction on 304-unit Apartment Community in Baltimore

Jefferson Apartment Group Starts Construction on 304-unit Apartment Community in Baltimore

The Jefferson Apartment Group broke ground last week on the Jefferson Square at Washington Hill, a mixed-use development that includes luxury residences and retail space. It is the company’s first major residential project in the Baltimore region and the second in the area. Jefferson Square at Washington Hill is located just…

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St. John Properties will Deliver More Offices to Greater Baltimore

St. John Properties will Deliver More Offices to Greater Baltimore

St. John Properties is working hard to bring Class ”A” offices to the Greater Baltimore area. In recent weeks, the Baltimore-based commercial real company has started work on two projects that will deliver over 360,000 square feet of office space. St. John Properties, Inc. announced on January 15 it is working…

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Industrial Properties Sell in the Baltimore Area

Industrial Properties Sell in the Baltimore Area

Baltimore’s industrial market has started 2013 strong, with three proprieties recently sold for a total of around $35 million. According to a report released on January 9 by CBRE for last year’s fourth quarter, industrial sales in the Baltimore market in 2012 are on a path to exceed sales from…

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Owings Mills Corporate Center I & II Aquired by BECO Management

Owings Mills Corporate Center I & II Aquired by BECO Management

Rockville, MD-based BECO Management, Inc. has announced on January 2 the acquisition of Owings Mills Corporate Center I & II, two properties in Owings Mills, MD that total more than 330,000 square feet of office space. The commercial real estate management company plans to invest significant capital in infrastructure, cosmetic…

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Picerne Military Housing to Build $72M Housing Complex at Fort Meade

Picerne Military Housing to Build $72M Housing Complex at Fort Meade

Picerne Military Housing, a division of the Corvias Group, a privately-owned real estate firm, has announced on December 18 it has closed on a $72 million public-private partnership deal with the U.S. Army to build more than 1,400 garden-style apartments for junior enlisted single service members at Fort Meade, in…

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ProMed Pays $22 Million for Part of Baltimore Building

ProMed Pays $22 Million for Part of Baltimore Building

ProMed Properties LLC, a wholly owned subsidiary of Gazit-Globe, recently purchased four floors of the Johnston Professional Building in North Baltimore. The New York-based company paid $21.75 million to buy a leasehold interest for the third, fourth, fifth and sixth floors of the eight-story building.…

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