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Real Estate

Baltimore luxury apartments outperformed by suburban competitors

Suburban luxury apartments outperformed their competitors in Baltimore in every benchmark during the third quarter of 2019, but rent growth in the city was particularly underwhelming, according to a new report. Rent for the city’s Class A apartments increased by ...

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Md. lawmaker wants developer campaign cash curbed in Howard Co.

A Maryland lawmaker intends to keep pushing legislation intended to ease development pressure on Howard County by restricting builders’ ability to dole out campaign contributions. Del. Warren Miller, a Republican, said he plans to press a bill restricting developers’ ability ...

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Baltimore historic commission declines to protect Tractor Building

Baltimore’s historic preservation committee has declined to add Woodberry’s Tractor Building to its potential landmark list. The former industrial building is the last unrenovated mill building in the Clipper Mill area along the Jones Falls. The Commission for Historical and ...

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Young expects Baltimore businesses to back youth initiatives

Baltimore Mayor Bernard C. “Jack” Young said he is optimistic businesses will support initiatives to divert city youth from crime and controversial activities that business leaders say contribute to safety concerns downtown. Roughly a month after meeting with principals of ...

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Under Armour cuts revenue forecast, faces federal investigation

Following the revelation over the weekend that the federal government is investigating its accounting practices, Under Armour reported Monday that third-quarter revenues dropped 1% and said that it expects revenues for the year to fall short of expectations. The Baltimore-based ...

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Merritt to redevelop former McCormick property in Hunt Valley

Merritt Properties has bought 226 Schilling Circle in Hunt Valley, a vacant 98,640-square-foot office building that was previously home to McCormick & Company. Terms of the deal were not disclosed. A speculative construction project, Schilling Green III will be a ...

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Lee & Associates to lease 1 million-square-foot Hampstead space

Lee & Associates of Maryland has been named the exclusive leasing and sales broker for 630 Hanover Pike, a warehouse/industrial building with more than 1 million square feet of space located off MD Route 30 (Hanover Pike) in the Hampstead ...

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The housing affordability debate and a tale of 2 Md. counties

Baltimore metro suburbs continue grappling with how to provide access to affordable housing, but depending on a jurisdiction’s history and what’s proposed, some counties are finding that easier than others. Once considered bastions for the middle class against Baltimore’s struggles ...

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Mission’s $61M women’s center adds to Jonestown revival

  Helping Up Mission on Thursday celebrated construction starting on a $61 million center for women struggling with addiction and homelessness in Baltimore’s Jonestown neighborhood. Helping Up Mission, which has provided service to men dealing with homelessness for more than ...

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