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Real Estate

Maglev backers sign labor deal, add political clout

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A competition between two technologies vying to provide high-speed transportation between Baltimore and Washington could pit old-school organized labor against futurist entrepreneur Elon Musk. Baltimore-Washington Rapid Rail and North America’s Building Trade Unions held a ceremonial signing of a memorandum ...

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Gaithersburg apartments sell for $31.8M

Urban Investment Partners has purchased Walker House, a 212-unit apartment building in Gaithersburg for $31.8 million. CBRE represented seller Washington REIT in the deal that was financed by Capital One. Washington House, which consists of 196 apartments built in 1971 ...

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St. Agnes office building fetches $3.75M

Local investor Reza Parvizi has purchased a three-story medical office building on St. Agnes Hospital’s campus for $3.75 million. Blue & Obrecht Realty LLC represented the seller, Tsunami LLC, in the deal. The 39,121-square-foot building at 3455 Wilkens Ave. is ...

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