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Real Estate

Charter school behind affordable housing push faces closure

Councilwoman Mary Pat Clarke, who has served the neighborhood dating back to 1975, speaks during an event celebrating the launch of a public-private partnership to transform vacant homes in the Coldstream Montebello Homestead neighborhood near Monarch Academy Baltimore. (Adam Bednar)

The Monarch Academy Baltimore faces closure a month after celebrating a partnership converting blighted properties near the charter school into affordable housing. Andy Ross, president and CEO of The Children’s Guild, operator of Monarch Academy Baltimore, said the organization remains committed ...

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Produce peddler signs 76K-square-foot industrial lease

Organic produce at MOM's Organic Market. (file)

An e-commerce business based on shipping unwanted produce to subscribers leased 76,000 square feet of industrial space in Anne Arundel County. Imperfect Produce inked a deal for roughly 22 percent of 8024 Telegraph Road in Severn. Allan Riorda, principal and ...

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Renovations of McCulloh towers provides ‘real hope’

The renovations gives residents hope ‘to see something actually taking place,’ says James Hill, president of the City View at McCulloh. (Adam Bednar)

James Hill, who has lived at what was called the McCulloh Homes Extension apartments for nine years, said a $78 million renovation of the public housing towers provides hope. Decked out in a blue suit, pink shirt, salmon tie and ...

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Port Covington backers prepping city residents for cyber gigs

Michael Middleton, chairman of SB7, and Alicia Wilson, Sagamore Development Co.'s senior vice president for community affairs, sign an agreement creating the new SB7 community group. (The Daily Record / Adam Bednar)

The team steering community investment efforts from Port Covington’s redevelopment aims to help build a pipeline leading Baltimore residents to cybersecurity jobs at “Cyber Town USA.” Alicia Wilson, who leads the Port Covington Impact Investment team, described her group’s mission ...

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St. John Properties converts office space to restaurants

Two fast-casual restaurants have been opened at St. John Properties’ Crestridge Center in Cockeysville. (Submitted photo)

Office demand near Interstate 83 in Baltimore County remains healthy, but appetite for amenities convinced St. John Properties to convert office space at Crestridge Center to service retail. The development company started transforming a portion of the single-story office property ...

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Regenxbio anchor lease ‘great news’ for Maryland bio sector

Regenexbio Inc. will be the anchor tenant at the newest building athe Alexandria Life Science and Translational Research Center 9800 Medical Center Drive in Rockville (Courtesy of Alexandria Real Estate Equities Inc.)

Alexandria Real Estate Equities Inc. announced Regenxbio Inc. as the anchor tenant at what the developer touts as the first ground-up lab building in Maryland in nearly a decade. Regenxbio signed a 15-year lease for 132,000 rentable square feet at ...

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CREG breaks ground on 350K SF of warehouse/industrial space in Edgewood

Artist’s rendering of 102 and 103 Fulfillment Drive, a two-building site consisting of 350,000 square feet of warehouse/industrial space on a speculative basis within the Trimble Road Business Park in Edgewood. (Photo courtesy of Chesapeake Real Estate Group LLC)

Baltimore-based commercial real estate development and operating company Chesapeake Real Estate Group LLC (CREG), on behalf of TA Realty LLC, broke ground Tuesday on a two-building site consisting of 350,000 square feet of warehouse/industrial space on a speculative basis within ...

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St. John Properties finds business ‘brisk’ in Baltimore County

American Pool Enterprises is relocating and expanding at 11155 Dolfield Road in Owings Mills. The firm leased 15,000 square feet of office space. (Submitted Photo)

Business is “brisk” across St. John Properties’ assets in Baltimore County, and a trio of new leases has added to the firm’s recent transactions. The full-service commercial real estate development and investment firm secured three leases totaling 35,000 square feet ...

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Stadium Square developer calls retail leasing ‘a challenge’

From left to right, Eugene Monroe, of 4th Down Partners, Arsh Mirmiran, of Caves Valley Partners, and 4th Down’s Keith Payne Jr. Tuesday walk down Creek Alley in the Leadenhall community in South Baltimore where they plan to develop the Stadium Square mixed-use community. (The Daily Record/Maximilian Franz)

Retail leasing at the $275 million Stadium Square project lags behind office and residential activity, but its developer believes deals for shops and eateries will accelerate. Arsh Mirmiran, a partner at master developer Caves Valley Partners, and Matthew Herbert, of ...

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