A Maryland commercial real estate developer has begun its first venture in North Carolina.

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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 ...

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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 ...

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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 ...

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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 ...

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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 building that transitions into a glass facade on the office space above the building's garage. "It's almost like a glass cube sitting on top of the brick," panelist Richard Burns said.

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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.

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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 ...

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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 ...

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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 ...

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