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Real Estate

Potential deal in place to fund Baltimore’s Affordable Housing Trust Fund

Baltimore Mayor Catherine Pugh talks with reporters afrter meeting with Gov. Larry Hogan Monday to discuss ways to combat violence in the city. (Bryan P. Sears)

A tentative agreement is in place to prevent a charter amendment dedicating a chunk of Baltimore’s property tax revenue to affordable housing from going to Baltimore voters in November. According to a source with knowledge of the agreement, Mayor Catherine ...

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Councilman opposes zoning changes for Clipper Mill development, for now

Residents cheer Monday morning as Baltimore City Councilman Leon F. Pinkett III says he would not support repealing a zoning overlay, known as a Planned Unit Development, for proposed new building at Clipper Mill as the project is currently planned.  Private equity firm ValStone Partners, via an affiliate, approached the city about repealing the zoning overlay. Residents have protested the possibility of changing the zoning.  (The Daily Record / Adam Bednar)

Councilman Leon F. Pinkett III does not support repealing a zoning overlay for new building at Clipper Mill in Baltimore. On Monday morning, at a meeting with residents at the Millrace condos, Pinkett said Clipper Mill’s owner has not sent ...

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Tradepoint Atlantic draws strong demand in ‘record year’

A rendering of the proposed The Shoppes at Tradepoint Atlantic. (Courtesy JLL)

In his 14 years in the business, Ryan Burrows has never seen such strong demand in Baltimore’s industrial market. It comes at a particularly good time for Burrows, vice president with JLL’s Mid-Atlantic Industrial Practice Group, and his team. They have ...

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Restarting State Center no simple matter

State Center (submitted rendering)

Uncertainty over whether any new developer chosen to overhaul Baltimore’s State Center complex must honor an existing community benefits agreement underscores difficulties restarting the project. Gov. Larry Hogan’s administration is seeking interest from developers to redevelop the 28-acre state office complex ...

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Stanley Black & Decker adds lease in downtown Towson

Stanley Black & Decker singed a second lease at the recently overhauled 210 Allegheny Ave. property. (Photo courtesy Chesapeake Real Estate Group LLC)

Stanley Black & Decker has doubled its space at a recently renovated downtown Towson office building after signing another full-floor lease at the five-story property. The tool maker has signed a 6,600-square-foot lease at 210 Allegheny Ave., according to a ...

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Residents, owner spar over Clipper Mill’s future

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Residents against a proposal to build new apartments, retail and possibly office space at Clipper Mill in Baltimore intend to keep fighting a proposal the owner says it’s already permitted to build. Opponents of the proposal contend that what the owner wants to build ...

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NKF Capital Markets arranges sale of 9 Columbia office properties

Money in U.S. dollars

Alder Real Estate has purchased a portfolio of nine single-story office buildings in Columbia, according to the firm that brokered the sale. NKF Capital Markets acknowledged the sale in a statement released to news media on Thursday that did not ...

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