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Real Estate Insider

Demand outpacing supply in downtown Baltimore

A report released by the Downtown Partnership of Baltimore indicates concerns about the supply of residential units in the city’s center outstripping demand are exaggerated. Kirby Fowler, president of the partnership, said developers from the Bozzuto Group, PMC Property Group ...

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Historic Alex. Brown building in Baltimore to be restaurant

[portfolio_slideshow id=462200] The historic Alex. Brown & Sons Co. building in downtown Baltimore is being transformed into a restaurant to serve workers and the area’s growing residential community. Overhauling the building at 135 E. Baltimore St. into The Alexander Brown ...

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National Federation of the Blind seeks building tenants

JLL has been hired to lease 100,000 square feet of space at the National Federation of the Blind’s headquarters in south Baltimore. The space is on the second floor of the federation owned four-story property at 200 E. Wells St. ...

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FedEx opens first automated distribution center in Maryland

FedEx Ground celebrated the ceremonial opening of its new distribution center at Tradepoint Atlantic, which the developer hailed as a significant moment in efforts to revitalize Sparrows Point, a once thriving steelmaking site. The 307,000-square-foot East Baltimore FedEx Ground Station ...

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Frederick downtown hotel design advances

Design plans for the Downtown Hotel at Carroll Creek in Frederick gained a big victory after the city’s Historic Preservation Commission’s approved the demolition of the Birley Tannery building. The commission made the decision following four public workshops and concluding ...

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Riverside Technology Park adds two tenants

The 44-acre Riverside Technology Park in Frederick has added two new leases totaling more than 30,000 square feet of space. Equipment Development Co. agreed to lease 29,280 square feet of space at 8430 Spires Way. Royal Farms has agreed to ...

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Intineris buys Baltimore industrial property

Intineris Inc., a nonprofit that helps people with autism find work, has purchased the 24,000-squarefoot Rockrose industrial building from its landlord Typo Building LLC for an undisclosed price. The nonprofit has leased the building for the past three years. Renovations ...

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Buchanan Partners invests in industrial properties

Gaithersburg-based Buchanan Partners has joined Miami-based Elion Partners to purchase for $81.15 million a 700,000-square-foot industrial portfolio in Northern Virginia from a joint venture of Ares Capital Corporation and Adler Group. The portfolio includes 14 buildings in the Westfields, Chantilly ...

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