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OWINGS MILLS, MD-The controversial Foundry Row retail development here has secured a key court victory as Baltimore County Circuit Court Judge Jan Alexander has rejected a 2012 referendum challenge to the zoning decision critical to the project's development.
WASHINGTON, DC-The ownership of grocer Fresh & Green's reports it plans to shut down all six of its stores located in downtown Washington, DC, downtown Baltimore, and four other Maryland locations.
EGG HARBOR, NJ-In its ongoing efforts to acquire vacant or run-down motels along Black Horse Pike leading into Atlantic City and demolish them for redevelopment, Egg Harbor Township reports it plans to buy the Fortune Inn and a vacant parcel next door.
KING OF PRUSSIA, PA-KBS Realty Advisors of Newport Beach, CA has reportedly reached an agreement to acquire the 1000 Continental Drive office building here for a purchase price that exceeds $61 million.
NEW YORK CITY-Kent Swig has withdrawn a lawsuit filed against JP Morgan Chase to prevent the sale of his former 90 Broad St. office building in Lower Manhattan.
CHARLOTTE-Locally-based Bank of America has agreed to pay Freddie Mac $404 million to resolve repurchase claims from mortgages sold before the financial crisis.
CHICAGO-Roundy's, the Milwaukee-based parent company of the Mariano's grocery chain, has struck a $36-million deal for the store leases and related assets of 11 Dominick's locations in the Chicago area.