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LANDOVER, MD-Borders Books & Music will open its 23rd store in the Metropolitan Washington area this summer at The Boulevard at the Capital Centre, a 490,000-sf shopping complex that is currently under construction.
WASHINGTON, DC-A $1.7 million restoration is in store for the Gonzaga College High School, a Jesuit rectory that was built more than a century ago. With Tucon Construction Corp. as the project's general contractor, work is now scheduled to begin this June.
COLUMBIA, MD-The 475,000-sf Snowden Distribution Center gets a larger commitment from tenant DAL Tile with the company's decision to expand its lease to 107,250 sf. facility.
BALTIMORE, MD-In a $102-million deal, Phillips Edison & Co. snaps up New York City-based Aegis Realty Inc.'s holdings of 27 grocery store-anchored properties in 14 states across the US. Part of the deal also calls for Phillips to assume $68.4 million in debt. The transaction leaves Phillips with a total of 67 properties, accounting for 8 million sf.
ARLINGTON, VA-According to a recent poll by Corfac, half of the surveyed companies believe the economy will produce a positive change in the industry in 2003. However, 80% of those respondents also predict this recovery will not occur until the end of the year.
BALTIMORE, MD-Israel-based multi-sensory entertainment company International Tourist Attractions agrees to become the anchor tenant of the Pier IV Building, a $35-million office and retail property being developed jointly by the City of Baltimore and the Cordish Co. ITA will occupy a 10,000-sf space.
WHEELING, WVA-Wheeling Downs Racetrack emerges from a year of upgrades with a new name, more space, and new additions following the $67-million construction. In addition to added space to accommodate more slot machines, the improved facility will offer a 151-room hotel.
HOWARD COUNTY, MD-Greenebaum and Rose Associates, the developer behind the new Maple Lawn planned community, taps three industry veterans to head up leasing activity for what will be a 1.2 million-sf area of commercial office space. The first office buildings will be ready for occupancy in early 2004.
RICHMOND, VA-With the assistance of real estate investment-banking firm John B. Levy & Co., a $7-million financing package is put in place for retail shopping-center Haynes Chippenham Plaza. The permanent mortgage on the 245,000-sf property is for a 15-year term.
CHARLOTTESVILLE, VA-Equity REITs keep the real estate industry ahead of the investment game in the first quarter of the year by outperforming the S&P 500 by nearly 4.5%. Retail REITs scored the best for the first three months of 2003, showing a 7.7% return increase.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource