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Real Estate

Letter to the editor

I feel compelled to respond to the article by Dori Berman entitled “State moves to address foreclosures” which appeared in The Daily Record [on June 13]. As a 15-year Maryland attorney that has exclusively practiced in the area of real ...

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Construction care sub-sector focus

Overall, the sub-sector recorded a gain of more than 700 jobs representing growth of 1.6 percent between the third quarters of 2005 and 2006.

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Construction Care Subsector Focus

The subsector, which is comprised of firms specializing in specialized activities such as plumbing, painting, electrical work and site preparation, continues to drive overall industry growth. However, the pace of expansion has slowed in recent periods.

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Specialty trade contractors drove industry growth over the most recent four-quarter period for which data are available. The subsector added 3,000 jobs to Maryland payrolls and expanded by 2.4 percent from the same quarter one year prior.

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Construction Industry Composition

With employment of 128,225 in the third quarter of 2006, specialty trade contractors represent the single largest industry component and comprise roughly two-thirds of Maryland

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SunTrust Building sold for $63M

The SunTrust Bank building in downtown Baltimore has been sold to a Massachusetts company for nearly $63 million, adding to a flurry of recent commercial real estate investment that observers said is transforming the city’s office market.

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