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MacKenzie represents O’Dea Medical Arts Building
The owner of the O’Dea Medical Arts Building at 7505 Osler Drive at the University of Maryland St. Joseph’s Medical Center has selected MacKenzie Commercial Real Estate Services LLC to represent the owner in leasing the property. The 100,000-square-foot property has available spaces that range from 1,000 to 6,200 square feet. The building has tenants focusing […]
Job figures send mixed messages to office market
The office market in the Baltimore metro area continues to crawl toward recovery as statewide job numbers persist in sending mixed signals.
Could multifamily housing be the next bubble?
Another real estate professional expresses concerns about the future of multifamily units in the Baltimore in the metro area.
Agora Publishing buys 1001 Cathedral St. in Mt. Vernon
Agora Publishing, a 33-year-old international publisher based in Baltimore, will soon be moving into another city landmark: 1001 Cathedral St. in Mt. Vernon. The company announced Tuesday it had purchased the former site of Chase Brexton Health Services to expand its office space. Chase Brexton is moving to larger office spaces in the Monumental Life […]
Real Estate Weekly – 5/18/12: Boscov’s returning to White Marsh Mall
DHCD accepting applications for Rental Housing Works initiative The Maryland Department of Housing and Community Development is accepting applications for the $17.5 million Rental Housing Works initiative announced in January. Rental Housing Works promotes job creation through the rehabilitation and new construction of much-needed affordable rental housing for Maryland’s working families, se[...]
Towson’s ‘golden triangle’ facing scrutiny
The 14-acre strip of land that some regard as the entry to Towson is under the microscope for possible redevelopment these days. Called the “golden triangle,” this small collection of food spots, small businesses and the Towson American Legion Post No. 22 hall is located on the west side of York Road, just north of […]
Senator to close for renovations for at least six months
The historic art deco palace in north Baltimore known as the Senator Theatre has closed — for at least six months. When it reopens around Christmas time, it will have three new theaters, a restored main auditorium complete with comfy chairs, and a tapas café with outdoor seating, all part of a $3 million facelift […]
Real Estate Weekly: 4/27/12
LaSalle FFO, revenue up on higher rates LaSalle Hotel Properties, of Bethesda, a real estate investment trust that owns upscale and luxury full-service hotels, reported first-quarter funds from operations of $14 million, or 16 cents per share, on revenue of $172.3 million, versus FFO of $8.5 million, or 8.5 cents per share, on revenue of […]
Construction to begin on expansion of Towson Circle development
Look for construction to soon begin on the expansion of the Towson Circle development on Joppa Road near the traffic circle. Sources say this $35 million extension and redevelopment is ready to launch after several years of uncertainty because of the sagging economy. The local development team from The Cordish Cos. is planning to turn […]
Brooklyn bagels coming to Pikesville
Watch out, Brooklyn bagels are coming to Pikesville. The Original Brooklyn Water Bagel Co. will soon open Maryland’s first location in 2,865 square feet of space in Hooks Village at 25 Hooks Lane. Known for its bagels made with the not-so-secret ingredient of “real Brooklyn” water (which company officials claim they have cloned through a […]
Real Estate Weekly – 12/9/11: Baltimore County expands small business loan fund
County expands small business loan fund Baltimore County Executive Kevin Kamenetz announced on Wednesday that five more banks have joined the Baltimore County Small Business Loan Partnership, bringing total commitments to the loan fund to $12.35 million from 20 financial institutions. CFG Community Bank, Sandy Spring Bank, Peoples Bank, Northwest Savings Bank and TD Bank […]
Baltimore zoning code changes to be subject of public hearings
Beginning Oct. 19, the city’s Department of Planning will hold a series of public meetings on a draft of the city’s new zoning code. The last time such changes were made, Johnny U was lofting TD passes for the Baltimore Colts. This version of the zoning redo has been crafted over the past year. Before […]
