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Frankel Sims buys office building in surging Towson market
Frankel Sims Law has purchased the 9,230-square-foot office property at 500 York Road in downtown Towson, a submarket attracting significant investment and leasing activity.
Towson Commons fetches $18M
The 10-story Class A Towson Commons office building sold for $18 million to Baltimore-based real estate investment and development company CSG Partners. The building in downtown Towson features an eight-story parking garage and was 90 percent leased at the time of the sale last month. “The sale of Towson Commons represents a new chapter with […]
Cushman & Wakefield to pay $100K to settle EEOC disability suit
Baltimore real estate firm Cushman & Wakefield will pay $100,000 to settle a federal disability discrimination lawsuit filed by the Equal Employment Opportunity Commission claiming the firm fired an employee who was diagnosed with breast cancer instead of providing her with accommodations. Toi Patterson had worked in the firm’s Columbia office as an administrator for […]
Cushman & Wakefield: Don’t sweat stock market struggles
Commercial real estate services firm Cushman & Wakefield’s macro economic report predicts another solid year in the U.S. Economy. Moderate growth of about 2.4 percent GDP is expected in 2016. That level of GDP growth, along with the anticipated job growth, are in line with the strong demand for office and industrial space the country […]
PMC plans apartments at former OneMain Financial building
PMC Property Group doesn’t think the apartment market in Baltimore is saturated. The apartment developer, which has specialized in adaptive, reuse projects downtown at buildings such as 521 St. Paul, 301 N. Charles and 1201 N. Charles streets, has purchased 300 St. Paul Place and intends to convert the former OneMain Financial building into 270 apartments. Steven […]
Yellow Brick Road industrial property sells
Cushman & Wakefield announced Monday the sale of a 60,000-square-foot industrial property in Rosedale for an undisclosed price. Cushman represented the seller, TA Realty. in the transaction. The buyer of the property has not been named, and the sale price is undisclosed. The fully leased building is at 8900 Yellow Brick Road on 5.46 acres […]
Chesapeake buys former Sun Corp. building
Chesapeake Real Estate Group has purchased the former Sun Products Corp. building in East Baltimore. The former manufacturing site, located at 5300 Holabird Ave., includes more than 865,000 square feet of space on 46.9 acres near Interstate 95 and the Port of Baltimore. The site will be developed as an industrial warehouse park. Cushman and Wakefield represented the seller the Sun Products[...]
Baltimore metro office leasing increases 6.5%
The market is being pushed by a surge in tenants renewing leases.
Firm chosen to handle sale of Sun Products’ facility
Cushman & Wakefield will handle the sale of the former The Sun Products Corp. manufacturing facility in Baltimore's Canton Industrial Area.
Large industrial building sold in Cecil Co.
Cushman & Wakefield of Maryland Inc. announced the sale for an undisclosed price of 4 Center Drive in North East, a 345,600-square-foot industrial building situated on 36.74 acres in the Cecil County Enterprise Zone, just off Interstate 95.
Volvo workers in Hagerstown make suggestions that improve business
HAGERSTOWN — It’s often said that if you really want to find ways to improve your business, ask an employee. At its Hagerstown plant, Volvo did ask — and the result is “significant savings,” according to company representatives. At the recommendation of a team of employees, Volvo has stopped leasing its half of a big […]
Real Estate Weekly – 6/29/12: Cheesecake Factory opens at Hanover mall
Apartments at 1901 S. Charles accepting rental applications 1901 South Charles, a new contemporary apartment community in the SoBo neighborhood, is accepting rental applications. Studio, one- and two-bedroom units are available, starting at $1,365 a month. Apartments will be ready for move-in on Aug. 1. Apartments feature stainless steel appliances, glass cooktops, granite counters, tile […[...]
