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Chesapeake invests $7.5M in Pennsylvania shopping center

Hanover-based Chesapeake Real Estate Group and financial partner Cicero Capital Partners have purchased the Palmer Super Center, a 100,272-square-foot shopping center in Easton, Pennsylvania. Accounting for renovations and leasing cost of the shopping center, the total investment in the property ...

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COPT says new CEO taking over in May

Stephen E. Budorick, Corporate Office Properties Trust executive vice president and chief operating officer, will become the firm’s CEO in May. Budorick will replace CEO Roger A. Waesche Jr. following the firm’s annual meeting of shareholders. “Succession planning has long ...

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Apartments on Park sold in Baltimore’s Mount Vernon

Apartments on Park sold in Baltimore’s Mount Vernon

Peerless LLC has purchased the 11-unit Apartments on Park in Baltimore’s Mount Vernon neighborhood for $1.01 million, according to online state property tax records. The converted three-story brick rowhome dates back to the 1900s and was renovated in 2006. WATASSA–814 ...

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Knott named NAIOP president of the year

NAIOP, Commercial Real Estate Development Association, named James F. Knott Jr. its national “Chapter President of the Year” award winner. Knott, president of Knott Realty Group, finished a two-year term as NAIOP Maryland president in December. He’s the youngest person ...

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Three W Realty plans new Towson Retail center

Three W Realty LLC unveiled development plans for a new shopping center on 1.3 acres of land in Towson on Wednesday. Construction on the 16,000-square-foot retail development at 1620 York Road is expected to begin this spring with delivery later ...

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SVN-Miller negotiates large Delmarva industrial deal

Salisbury-based SVN-Miller Commercial Real Estate brokered a deal for one of the largest industrial properties in Delmarva. SVN represented Georgia Pacific in the sale of its 196,000-square-foot property at 17507 S. Dupont Highway in Harrington, Delaware. The former printing facility ...

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Historic Inns of Annapolis complete renovation

Historic Inns of Annapolis announced the completion of a multimillion-dollar renovation. The inns include Maryland Inn, Governor Calvert House and Robert Johnson House. The overhaul involved touching up 90 guest rooms and suites. “The Historic Inns of Annapolis has been ...

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U.S. Lumber agrees to long-term Joppa lease

U.S. Lumber signed a lease resulting in the company moving from Aberdeen to Joppa. The company signed a long term lease for a 285,000-square-foot warehouse, at 1805 Fashion Court. U.S. Lumber will begin operations in the property at the end ...

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