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Real Estate

Howard Hughes hires CBRE to lure office tenants to Columbia

  Howard Hughes Corps. has hired CBRE Group Inc. to lead office leasing efforts in the developer’s Merriweather District in downtown Columbia. The district currently includes 330,000 square feet of retail and office space. Construction started earlier this year on a 12-story, ...

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Amazon’s Baltimore County fulfillment center to open for holidays

Amazon is set to open its new 855,000-square-foot fulfillment center in time for the 2018 holiday season. The e-commerce giant showed off the new facility at Tradepoint Atlantic in Eastern Baltimore County on Tuesday. Amazon plans to hire 1,500 workers ...

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Demand for Baltimore rentals draws $8M investment

For rent sign

Demand for rental housing in Baltimore is drawing significant investment beyond multistory apartment developments near downtown. A subsidiary of Pittsburgh-based real estate investment trust Omicelo LLC purchased an 81-unit rowhome portfolio in East Baltimore for $8 million. Steve Weiss, a ...

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Tufaro: Criticism of MIA relocation ‘pretty whiny’

Developer David F. Tufaro said criticism of Maryland Insurance Administration’s pending move to Montgomery Park boils down to a landlord upset about a lost tenant. Tufaro, a longtime Baltimore resident, is a partner in the Montgomery Park complex, which includes ...

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COPT unveils new Pratt Street retail design

Corporate Office Properties Trust showed off its revamped design of a retail pavilion on Pratt Street that Baltimore officials hope leads to transforming the corridor into a shopping destination. The Columbia-based real estate investment trust unveiled new renderings of a ...

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Baltimore affordable housing deal saved by last-minute negotiations

Destiny Watford was working Friday afternoon at United Workers’ offices in a play area without air conditioning when she received a phone call. Activists and officials from Mayor Catherine Pugh’s administration recently had agreed on parameters for a deal to ...

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Potential deal in place to fund Baltimore’s Affordable Housing Trust Fund

A tentative agreement is in place to prevent a charter amendment dedicating a chunk of Baltimore’s property tax revenue to affordable housing from going to Baltimore voters in November. According to a source with knowledge of the agreement, Mayor Catherine ...

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