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Real Estate

Continental pays $23.5M for Hagerstown shopping center (access required)

  Baltimore-based Continental Realty Corp. has purchased a Hagerstown shopping center for $23.5 million. The company bought the Centre at Hagerstown at 17850 Garland Groh Boulevard. The  331,000-square-foot property was 93% leased at the time of the sale. Anchor tenants ...

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Tractor Building developer: Cost dictates potential for redesign (access required)

The developer proposing transforming the Tractor Building in Baltimore’s Clipper Mill area says cost will determine what, if any, redesigns are possible for the contentious redevelopment proposal. At least three other developers have attempted, and failed, to repurpose the last ...

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Howard Co. executive: New development fees to protect Ellicott City (access required)

Howard County Executive Calvin Ball filed legislation his administration says protects Ellicott City from future flooding by tightening development regulations and fees. Ball filed a pair of resolutions with the Howard County Council on Friday to add requirements if developers ...

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Former Baltimore County bank branch, office fetch nearly $6M (access required)

A former bank branch and a flex/office property in Baltimore County have sold for nearly $6 million combined. KLNB recently brokered a $4.4 million deal for 803 Gleneagles Court and the sale of 1641 E. Joppa Road for $1.5 million. ...

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First Washington Realty acquires California shopping center (access required)

First Washington Realty, a national real estate investment and management company based in Bethesda, announced Thursday the acquisition of Fairmont Shopping Center in Pacifica, California. Terms of the deal were not disclosed. The property sits at the key highly trafficked intersection ...

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Mayor says he’s confident economic development agency is on track (access required)

In response to a board member’s question about whether the Baltimore Development Corp. has lost direction, Baltimore Mayor Bernard C. “Jack” Young said Wednesday that he believes the city’s economic development agency is serving its purpose. Young, during a regular news ...

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$16M project reveals complexity of building affordable housing (access required)

Regina Hammond began organizing ReBUILD Johnston Square roughly six years ago to tackle a host of problems plaguing the east Baltimore neighborhood. Since the group’s inception, Hammond and her neighbors, along with the activist group BUILD Baltimore, have worked to ...

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Northrop Realty expands with first Delaware office (access required)

Clarksville-based Northrop Realty, A Long & Foster Company, opened its first office outside of Maryland Aug. 15 with a ,500-square-foot office in Fenwick Island, Delaware. The office, at 37077 Coastal Hwy., supports five real estate agents and provides a base ...

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Clipper Mill residents request historic protection for Tractor Building (access required)

An attorney representing homeowners in Baltimore’s Clipper Mill neighborhood has requested the city’s historic preservation panel add a prominent building tabbed for redevelopment to a protected list. Attorney John C. Murphy sent a letter on behalf of his clients on ...

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