Real Estate

Ground breaks for $125M Circle East project in Towson

A rendering shows a portion of the Circle East project in Towson.

Baltimore County officials and developers broke ground in Towson Tuesday for Circle East, a mixed-use retail and residential development at the site of the former Hutzler Bros. department store. The $125 million project will redevelop the department store building while adding ...

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Continental Realty buys Florida shopping center for $21.3M

Ridge Plaza (submitted photo)

Baltimore-based Continental Realty Corp. has acquired Ridge Plaza, a 155,204-square-foot neighborhood shopping center in the Davie section of Broward County, Florida, for $21.3 million. Positioned on about 17 acres fronting Interstate 595/State Road 84, Ridge Plaza was acquired on behalf of ...

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SunTrust Bank building price drops $30M in decade


Franklin Street Properties lost roughly $30 million in the sale of the SunTrust Bank building announced earlier this week. On Tuesday, officials disclosed the sale of the 25-story building at 120 E. Baltimore St. to Grander Capital Partners LLC for $32.8 million. ...

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Klein Enterprises adds 2 businesses for Catonsville shopping center

Baltimore-based commercial and residential real estate development and management firm Klein Enterprises has added boutique eatery The Crepe Escape and cosmetics and personal care shop 40 West Beauty Supply as tenants to the 40 West Shopping Center in Catonsville. 40 West Beauty Supply ...

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Maglev backers sign labor deal, add political clout


A competition between two technologies vying to provide high-speed transportation between Baltimore and Washington could pit old-school organized labor against futurist entrepreneur Elon Musk. Baltimore-Washington Rapid Rail and North America’s Building Trade Unions held a ceremonial signing of a memorandum ...

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UMMC to break ground on $116M Baltimore tower

The University of Maryland Medical Center is set to break ground on its new $116 million patient care tower on Thursday. The tower is expected to be complete in 2020 and will help medical center staff better address chronic illnesses, ...

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Deli Brands America signs Landsdowne lease

Deli Brands of America has signed a 19,000-square-foot lease at 1705 Twin Springs Road in Landsdowne. The building is part of the Beltway Business Park by developer Merritt Properties. Deli Brands is a processing subsidiary of Saval Foods Corp. and ...

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Cross Street Market adding pop-up stalls

Cross Street Market in Federal Hill is adding four new pop-up stalls through November. The first pop-up stall, set to open on Monday, is Sundays, a donut stall. It will be followed by Cookie Dough & Co., which serves edible ...

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Gaithersburg apartments sell for $31.8M

Urban Investment Partners has purchased Walker House, a 212-unit apartment building in Gaithersburg for $31.8 million. CBRE represented seller Washington REIT in the deal that was financed by Capital One. Washington House, which consists of 196 apartments built in 1971 ...

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