Sign In
Free Newsletter
Merritt expands to North Carolina with planned business park
A Maryland commercial real estate developer has begun its first venture in North Carolina.
Merritt targets industrial properties with $400M investment
Almanac Realty Investors has agreed to provide $400 million in capital to Baltimore-based Merritt Properties to expand its portfolio by 20 to 30 percent. Merritt Properties intends to expand via acquisition, development and redevelopment of largely industrial properties in the Baltimore-Washington corridor, according to the company. “Our long-standing relationship with Almanac dates back to 1997[...]
Merritt adds to high-end Baltimore County portfolio
Merritt Properties has purchased the 121,414-square-foot Class A office building at 101 West Road for an undisclosed price. The company announced its acquisition of the five-story LEED-EB-certified property on Wednesday. Merritt already owns 825,895 square feet of high-end office space in the Towson and Timonium areas, according to the company. “Towson is a major employment […]
Merritt Properties enters northern Va. market
Baltimore-based Merritt Properties started construction on its Merritt I-66 Business Park in Manassas, Virginia. The project is 28 miles west of D.C. and includes six industrial building totaling 596,000 square of space. According to the company, the project is aimed at meeting a market demand for Class A industrial property in that area of Virginia. […]
Merritt garage, expansion design approved
Baltimore’s architecture review panel gave its blessings to the design for Merritt Properties LLC’s proposed garage and fitness club expansion in Canton. The Urban Design and Architecture Review Panel approved the plans Thursday after expressing a few minor quibbles about the details of the design. Overall, panelists, who were previously highly-critical of the plans, said […]
Merritt pitches Canton office space
Baltimore's architecture review panel told the architect of Merritt Properties LLC's proposed office tower at Canton Crossing the project could use more detail. The Urban Design and Architecture Review Panel received its first look at plans for the proposed building on Thursday. The design by Michael Burton, an architect at Urban Design Group LLC, calls for a masonry base at the bottom of the bui[...]
Merritt Properties plans Canton Crossing office building
The first phase of the project includes building a seven story garage that provides room for the current fitness club at Canton Crossing to expand.
Merritt Properties touts strong 2013 ending
Merritt Properties is touting a strong fourth quarter in 2013 after commercial leasing picked up, particularly in warehouse space. According to the company, it signed 600,000 square feet of new leases in total in the fourth quarter and about 2 million square feet overall. “Merritt was fortunate to see strong leasing activity originating from a […]
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[...]
Chesapeake Shakespeare Company building theater downtown
The historic Mercantile Trust and Deposit Co. building downtown will soon be converted to hold a 250-seat theater for the Chesapeake Shakespeare Company in a deal worth $6 million, including renovation costs. The Helm Foundation this week purchased the former bank that was built in 1855 and is located at 200 E. Redwood St. When […]
Another apartment getting ready to launch at Locust Point
At the city’s emerging new hotspot, Locust Point, the new apartments and retail at McHenry Row are filling with tenants and retailers. Spies there say about six of the 250 apartments in the development are being rented each week, with tenants paying rents that average nearly $2,600 a month for a two-bedroom pad. The development […]
2 local firms win Wood Works Wood Design Awards
Two local firms have won design kudos in the Wood Works Wood Design Awards. Ayers Saint Gross Inc. recently won the commercial wood design category for the Thomas Jefferson Visitor Center and Smith Education Center in Charlottesville, Va. The design uses wood as the primary building material to complement the brick architecture of Jefferson’s historic […]
