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Real Estate

Councilman opposes zoning changes for Clipper Mill development, for now (access required)

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’ (access required)

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 (access required)

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 (access required)

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 (access required)

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 (access required)

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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GBT Realty buys Ellsworth Place retail for $92M (access required)

GBT Realty Corp. purchased the Ellsworth Place, formerly the City Place Mall, in Silver Spring for $92 million. The five-story, 350,000-square-foot retail property is anchored by Marshalls, TJMaxx and Ross Dress for Less. In a statement announcing the deal, the ...

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Baltimore’s strong industrial market spurs impressive sales (access required)

The Baltimore region’s industrial market is one of the top second-tier markets in the country, according to a commercial real estate services firm, driving strong sales activity in the metro area. The industrial market in the greater Baltimore area “has emerged ...

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