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OWINGS MILLS, MD—Baltimore County Executive Kevin Kamenetz, while pleased with the fact that two major development projects are moving forward, is frustrated over the lack of progress being made at the mostly vacant Owings Mills Mall here.
WASHINGTON, DC—Quadrangle Development Corp. has submitted plans this week that call for the construction of Columbia Place, a $230-million development at Ninth and L Streets NW that will include two Marriott hotels and multifamily housing.
WATERTOWN, MA—Farley White Interests of Boston has sold the Riverworks Innovation Center office complex here to San Francisco-headquartered Spear Street Capital for $43 million.
ATLANTA—Wheeler/Brand Management Co. reports that former EDENS executive Rebecca Waters has joined the firm as executive vice president of leasing. The commercial real estate firm also reported that Tara Borysiak and Bre Wagner-Clagett have been hired as senior leasing representatives with the firm.
ST. PETERSBURG, FL—Locally-based Cantor Fund Management, LLC reports it has held a first close on approximately $100 million for its second offering called Cantor Real Estate Income & Opportunity Fund II.
JERSEY CITY, NJ—Executives with Global Container Terminals held a grand opening on Wednesday marking the completion of its $325-million expansion project.
NEW YORK CITY—Former director of leasing for L&M Development, Jeff Pandolfo has joined The Shopping Center Group to take on a similar position with the firm.
WASHINGTON, DC—The State Department has filed a notice that it will begin a study of a major consolidation to relocate workers to an 11.8-acre campus west of its headquarters.
WASHINGTON, DC—An analysis of commercial mortgage-backed securities debt in the Washington, DC area shows that there will be a significant rise in the amount of loans coming due beginning in the next 18 months.