COPT obtains $120M loan, expandable to $200M Corporate Office Properties Trust, a Columbia-based office real estate investment trust primarily focused on the specialized requirements of U.S. government and defense information technology tenants, announced it entered into a $120 million term ...Read More »
The Hilton-owned Embassy Suites Hotels chain will soon hoist its logo on a downtown Baltimore landmark: The Tremont Plaza Hotel. Sources say the changeover at the 45-year-old hotel will occur this month. The 390-suite Tremont Plaza was to be converted ...Read More »
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 ...
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The Asian and international market Lotte Plaza will soon help launch a multi-million dollar renovation of a former Toys R Us store in the One Mile West Shopping Center in Catonsville. The result will be a new 46,000-square-foot Lotte Plaza ...
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The 416-acre private business park at Aberdeen Proving Ground is growing. A three-story, Class “A” office building has broken ground, and owner St. John Properties Inc. says it expects new tenants to move in this fall. The 75,000-square foot building ...Read More »
Groundbreaking for Silver Spring apartments Home Properties Inc. of Rochester, N.Y., a multifamily residential real estate investment trust, announced the groundbreaking of Eleven55 Ripley, a new apartment development in downtown Silver Spring. The two-building complex — one 21 stories high, ...Read More »
Marriott plans two new hotels in Iraq Marriott International Inc. of Bethesda is among U.S. hotel companies that are being lured to Iraq following the end of eight years of occupation by American troops. Marriott expects to operate two properties ...Read More »
New fire station underway in Glen Burnie The Mullan Contracting Co. of Lutherville has been awarded a contract to construct the new Marley Fire Station, an 11,000-square-foot structure located near the intersection of Baltimore-Annapolis Boulevard and McGuirk Avenue in Glen Burnie. ...
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The closure of all of Borders’ 399 bookstores nationwide — including 18 in Maryland — is not only a dramatic illustration of the changing publishing industry, experts said Tuesday, but also reveals the delicate relationship between large companies facing industry-specific ...Read More »
Curator sought for state-owned home in Baltimore County The Maryland Department of Natural Resources will hold an open house on July 23 from 10 a.m. to 1 p.m. at the historic Barrans House in Baltimore County. The home was built around ...Read More »