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Warehouses sold for $3.25 million
Two flex/warehouse spaces at 1305 Governor Court in Harford County have been sold for $3.25 million. NAI KLNB brokered the deal for 51,600 square feet of flex/retail space in the William Paca Industrial Park in Abingdon. The single-story buildings were built in 1987 and were 87 percent cumulatively occupied at the time of sale. “The […]
Glassberg joins NAI KLNB
NAI KLNB announced Abby Glassberg, former of Colliers International, will serve as the firm’s broker in Columbia. She will specialize in the sale and leasing commercial office, industrial and warehouse buildings in central and suburban Maryland, according to a news release announcing the hire. Before working at Colliers Glassberg also worked as a developer’s representative […]
Manufacturing firms find value in Carroll County
One of the smallest submarkets for industrial, warehouse and manufacturing properties in the Baltimore metro area is on a hot streak. Defense contractor Advanced Thermal Batteries, a subsidiary of ASB Group, announced last week it had purchased a 40,000-square-foot office and manufacturing facility in Westminster for $3.8 million. Last month MacKenzie Development Co. LLC broke […]
PEAK Performance leases Canton space
The hi-tech training facility will open at 512 S. Conklin St. later this month.
Report on commercial real estate upbeat for 2015
There’s reason to be optimistic about the office and industrial markets in central Maryland heading into the new year, according to a year-end report from real estate service provider NAI KLNB.
Mixed news for corridor office market
Good news for Anne Arundel and Howard counties' Class A office market, but a poor showing in Prince George's County.
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.
New company buys Westminster building
Land Sea Air Manufacturing, of Westminster, a newly formed company, has acquired a 90,000-square-foot office, warehouse and manufacturing facility for $3.5 million. The former owner, Knorr Brake Corp., moved to a larger building. NAI KLNB represented both parties in the transaction. Land Sea Air, which fabricates components for the aircraft and aerospace industries, as well […]
Breitenother elected principal at NAI KLNB
Chuck Breitenother has been elected to principal of NAI KLNB, a full-service commercial real estate brokerage firm with five offices in the Baltimore-Washington- Northern Virginia marketplaces.
Real Estate Weekly: 9/7/12
WRIT sells office building in Rockville for $14.25M Washington Real Estate Investment Trust completed the sale of 1700 Research Blvd., a 101,000-square-foot office building in Rockville. The sale price was $14.25 million. The building was built in 1982 and acquired by WRIT in 1999. WRIT achieved a net book gain of $4 million. The buyer […]
Thomas new chair of UB real estate board
Daniel Thomas has been named chairman of the Advisory Board for the University of Baltimore, Merrick School of Business Real Estate and Economic Development Program.
Phillips shuts Locust Point headquarters
The massive “World Headquarters” of Phillips Seafood in Locust Point is the latest prime piece of real estate in Baltimore to be put on the block, sources say.
