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 ...
Read More »Tractor Building developer: Cost dictates potential for redesign
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 ...
Read More »Survey: only Detroit’s housing market is worse than Baltimore’s
Baltimore’s residential housing market ranked among the worst in the nation amid rising prices in the surrounding areas, according to a recent survey. On Tuesday financial advice website WalletHub released its rankings of the best real estate markets in the ...
Tagged with: Baltimore wallethub
Read More »Howard Co. executive: New development fees to protect Ellicott City
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 ...
Tagged with: calvin ball ellicott city
Read More »Former Baltimore County bank branch, office fetch nearly $6M
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. ...
Tagged with: Brad Berzins Henry DeFord Jesse Schwartzman KLNB mackenzie commercial real estate
Read More »First Washington Realty acquires California shopping center
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 ...
Read More »Mayor says he’s confident economic development agency is on track
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 ...
Tagged with: Baltimore Development Corp. Bernard C. "Jack" Young Christy Wyskiel Colin Tarbert
Read More »$16M project reveals complexity of building affordable housing
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 ...
Tagged with: Greenmount and Chase ReBUILD Metro Regina Hammond
Read More »Northrop Realty expands with first Delaware office
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 ...
Read More »Clipper Mill residents request historic protection for Tractor Building
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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