Bozzuto Management Co. enlarges portfolio
Bozzuto Management Co., a subsidiary of the Greenbelt-based Bozzuto Group, said it added 11 properties to its management portfolio in the past 90 days. Totaling 3,200 units, the assets collectively increase the company’s portfolio to 33,000 units spread over eight East Coast states, from Richmond, Va., to Boston. Among the new Maryland additions are two that have opened recently: Enclave at Emerson, 164 units in Laurel; and Alta at Regency Crests, 150 units (senior housing) in Ellicott City. Older developments in Maryland are Brookside, 432 units, and Overlook Manor, 290 units, both in Frederick; and the Monterey complex in Rockville, 432 units.
Career Development Center a plus for Baltimore County
Baltimore County Executive Kevin Kamenetz announced that the National Center on Institutions and Alternatives will add 50 jobs when construction is complete for the nonprofit organization’s Career Development Center in Woodlawn. An additional 150 construction jobs are created by the 19,000-square-foot center. Rising next to NCIA’s headquarters in Woodlawn, the center will house a career development program for approximately 250 intellectually disabled adults. The new building is designed to create a space that is conducive to learning with open space, natural light and an outdoor atrium. The $3 million building will accommodate the center’s 196 workers and provide space for computer-assisted training. Baltimore County supported construction of the center through a $2.7 million, tax-exempt revenue bond, for which NCIA is eligible as a nonprofit organization. The county authorizes the bond, but does not incur any financial liability. Maryland provided assistance through $250,000 in state bonds for the center and $325,000 in bonds for youth job-readiness programs.
New community center opens in North Laurel
Howard County officials were slated to gather on Friday for the grand opening of the new North Laurel Community Center. The 63,000-square-foot building is rated LEED Silver. Features include a dual gymnasium with a walking/jogging track, basketball and volleyball courts, a weight and fitness room, a dance and aerobics studio, lockers and showers, large activity rooms for fine arts and crafts, continuing education and meetings. The Health and Police departments will also share space in the center.
Merritt Properties LLC reported the following leases that were signed recently:
Fresnius USA Manufacturing Inc., a medical products distributor, leased 7,200 square feet of office and warehouse space at 9435 U.S. Route 1 in Laurel. Scott Skogmo of Sperry Van Ness represented the tenant. Also in the same building, Tabernacle of David Worship Center inked a deal for 7,200 square feet of space for worship purposes. The building is part of the Savage complex on U.S. Route 1. The three-building cluster contains a total of 367,200 square feet. Merritt was represented by its own team of Jamie Campbell, Liz Tarran-Jones, Vince Bagli and Steve Shaw.
The Campbell-Jones-Bagli-Shaw team was responsible for two other lease deals signed in May. Chesapeake ChemLab Inc., a commercial cleaning supply company, inked a deal for 4.800 square feet of office/warehouse space at 84 Alco Place in the Lansdowne Industrial Park. The company was represented by Mike Roden of CB Richard Ellis. Also, Halo Branded Solutions Inc., a promotional sales items distributor, leased 1,500 square feet of office space at 3601 Commerce Drive in Halethorpe. Richard Fields of Manekin represented the tenant in the lease negotiation.
Also, Mad Lex Communications, an information technology company, leased 1,500 square feet of space at Kelso 6&7, a flex building at 1 Nashua Court in Essex. Merritt was represented by its team of Pat Franklin, Whit Levering , Lou Boeri and Ashley Combs.