Baltimore’s suburbs continue to attract new and expanding companies with amenity-rich developments undercutting what was supposed to be one of the city’s strengths in competing for new firms and to entice existing companies to expand. This counters the national trend, where ...
Read More »Bainbridge starts construction on delayed Key Highway apartments
Construction has started on the Bainbridge Cos.’ long-delayed apartment project in Federal Hill. The company celebrated the ceremonial start of construction on the project at 1100 Key Highway on Wednesday. The building is expected to be complete by the middle ...
Read More »Baltimore multifamily developers bank on amenities in crowded market
In Baltimore’s increasingly competitive Class A apartment market, developers are turning to amenities to set their projects apart. A prime example is the redevelopment of 2Hopkins downtown by Rockville-based Berman Enterprises and its multifamily unit, LIVEbe. The company touts the ...
Read More »Baltimore fights affordable housing crisis while population falls
The concept of an affordable housing crisis is associated with thriving cities, such as New York and San Francisco, coping with demand that is driving up housing costs. But housing advocates argue that Baltimore, which struggles with declining population, swaths ...
Tagged with: affordable housing Baltimore
Read More »Finmarc invests $10.6M in Columbia office properties
Bethesda-based Finmarc Management Inc. has purchased a four-building office portfolio in Columbia for $10.6 million. The single-story assets in the Oakland Ridge Business Park total 116,000 square feet of space. The business park is along Route 108, and the properties ...
Read More »Maryland housing market strong, but Baltimore struggles
The housing market in Maryland kept its momentum through November as the state’s major metro areas continued to see increasing sales prices. Median sales price in the Baltimore metro area reached $254,000, which is a new November record, according ...
Read More »Morgan Properties invests $277M in Maryland
Morgan Properties purchased a portfolio of suburban Maryland properties for $277.5 million. The company has acquired the four-property NOAH portfolio that consists of 2,729 units from Rockpoint Group. Morgan Properties achieved its goal of purchasing more than $1 billion in ...
Tagged with: Morgan Properties
Read More »AAWDC leases new spaces
Anne Arundel Workforce Development Corp. has completed leases with MacKenzie Commercial Real Estate Services LLC for more than 26,000 square feet of space. AAWDC agreed to lease 3,000 square feet of space at I-97 Business Park at 1131 Benfield Blvd. ...
Tagged with: Anne Arundel County Anne Arundel Workforce Development Corp. mackenzie commercial real estate services llc
Read More »Baltimore lags East Coast in $1M home sales
The number of homes sold for at least $1 million in Baltimore in the past three years lags far behind other East Coast metros, according to the website Property Shark. New York City leads the East Coast in terms of ...
Tagged with: Baltimore
Read More »Laria named chair of Maryland Building Industry Association chapter
Jon Laria, managing partner of Ballard Spahr’s Baltimore office, has been named chairman of the city’s Maryland Building Industry Association chapter. The industry group represents home builders, remodelers and developers to increase business opportunities. The chapters also monitor local legislation, ...
Tagged with: Jon Laria
Read More »