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Real Estate

Court of Appeals denies Baltimore’s ‘quick take’ attempt

Before it can proceed with a quick-take condemnation action of a Charles Street bar and package goods store, the city of Baltimore must demonstrate the reasons why it is necessary to have immediate possession of the property, the Court of Appeals held Thursday.

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Equity Office shareholders approve Blackstone buyout offer of $23B

Equity Office Properties Trust shareholders overwhelmingly approved a $23 billion all-cash buyout offer Wednesday from the private equity firm Blackstone Group, sealing the deal on an acquisition that ended with a down-to-the-wire bidding war.

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New trend for commercial leases

When Peter Notari pays utility bills for his architectural firm, Notari Associates, he writes his checks directly to Baltimore Gas & Electric Co., not his landlord.

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S&P housing index shows price growth at slowest since Sept. 1996

Prices of single-family homes across the nation rose in November at the slowest rate in more than a decade, a housing index released Tuesday by Standard & Poor's showed, countering other evidence that the housing slowdown may be nearing an end.

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Cumberland's 'Rock' set for a $31 million facelift

Car racing enthusiasts and fans of a host of motor sports would flock to Cumberland if the city built a $31 million racing complex, according to a new feasibility study for the proposed project.

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