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Author Archives: Adam Bednar

Adam Bednar covers real estate and development for The Daily Record.

Md. legislators delivered most of Pimlico stakeholders’ wish list

Preakness 2018

Maryland’s lawmakers passed legislation funding improvements to Pimlico Race Course and Laurel Park with $375 million in public financing that the tracks’ owner wanted, but supporters didn’t get everything they sought. In the sprint to finish business amid the COVID-19 ...

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Commercial real estate pros to help COVID-19 relief efforts find space

XPO Logistics has signed a full building lease for this 571,000-square-foot warehouse/distribution building at Perryman Logistics Center in Harford County. (Courtesy Chesapeake Real Estate Group LLC)

A leading association for commercial real estate professionals said Thursday it is launching efforts to connect nonprofits and philanthropic organizations with space to organize relief efforts in response to the COVID-19 pandemic. The Society of Industrial and Office Realtors launched ...

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Status of 2020 Preakness Stakes is uncertain

Preakness 2018

The Maryland Jockey Club said it has not decided whether to delay running the Preakness Stakes as sporting events across the country are postponed and governments restrict large gatherings in an attempt to limit the spread of the new coronavirus. ...

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Agents hope solid Md. real estate sales weather virus pressures

First-time buyers have been struggling to find affordable homes amid a stubborn shortage of properties on the market that's helped push prices higher. (AP Photo/David Zalubowski, File)

The housing market in Maryland’s major metro jurisdictions turned in a solid performance last month, which usually bodes well for the spring season crucial to residential real estate. Those solid sales figures, however, represent a snapshot of the market before ...

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Lexington Market Inc. seeks East Market overhaul proposals

Lexington Market. (The Daily Record / Maximilian Franz)

Lexington Market Inc.’s board is seeking proposals to redevelop the East Market building that dates back to 1952. Lexington Market Inc. wants to begin work on the 66,869-square-foot building in late 2021 after Seawall Development delivers the new $40 million ...

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