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Real Estate

Appeals panel sides with Montgomery Park in MIA lease fight

Montgomery Park had appeared to win the initial bid for the insurance agency’s lease until the state Board of Public Works issued its decision. (The Daily Record/File Photo)

A Department of General Services procurement officer failed to use proper discretion in nixing a competitive process to select an office lease for the Maryland Insurance Administration, the state’s contract appeals panel has ruled. The DGS procurement officer responsible for ...

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Montgomery Park argues that Md. spending board was misled

Montgomery Park had appeared to win the initial bid for the insurance agency’s lease until the state Board of Public Works issued its decision. (The Daily Record/File Photo)

The owners of Montgomery Park have asked the Maryland’s spending board to examine what they call inaccurate information provided to the board prior to voting in favor of a sole-source lease with Kornblatt Co. Operating as Montgomery Park LLC, developers ...

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St. John Properties signs full-building lease at BWI Tech Park

St. John Properties said it's signed an unnamed defense contractor to a full-building lease at 1500 W. Nursery Road in the BWI Tech Park. (Photo Courtesy St. John Properties).

St. John Properties Inc. said it has signed a full-building lease with an unnamed defense contractor for an 118,000-square-foot office property near Baltimore/Washington International Thurgood Marshall Airport. The lease is at 1500 W. Nursery Road, a four-story Class A office ...

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Preakness bill expected shortly as lawmakers face angry constituents

A boy rides his bike along Park Heights Avenue past several abandoned houses. Mayor Catherine Pugh wants to create an investment fund to clean up blighted properties in struggling neighborhoods. (File Photo/Maximilian Franz)

ANNAPOLIS — A Maryland bill forming the structure for a $372.9 million plan to keep the Preakness Stakes in Baltimore and transform Laurel Park into a year-round horse racing facility is on pace to drop in a matter of weeks. ...

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Comptroller favors new office building; bid requests expected Friday

Comptroller Peter Franchot. (Bryan P. Sears)

ANNAPOLIS — Comptroller Peter Franchot said he wants to construct a new building for his agency’s Baltimore offices and will consider locating that project in a wide swath of the city but not the Inner Harbor. A request for proposal ...

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Bill creates sunset for Maryland’s opportunity zone incentives

Del. Julie Palakovich Carr, D-Montgomery County. (The Daily Record / Bryan P. Sears)

ANNAPOLIS — Legislation working its way through the Maryland General Assembly would require businesses located in opportunity zones to provide more information in order to qualify for state incentives, clarify which businesses are eligible for those perks, and ensure higher ...

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Downtown Partnership names search committee for new president

Baltimore Development Map

Downtown Partnership of Baltimore has appointed a 13-member committee to find its next president at a critical time in the organization’s history. Board member Mark Wasserman will lead the committee tasked with conducting a nationwide search to find partnership’s next leader. ...

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