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LUTHERVILLE, MD-Shopping center REIT Mid-Atlantic Realty Trust springs into action for the new year with the recent closing of a $100-million unsecured revolving line of credit, courtesy a six-bank syndication headed by Allfirst Bank. MART is expected to steer the funds towards acquisition and development projects.
TOWSON, MD-The 30,000-sf office structure at 17 West Pennsylvania hits the market and sells for $2.45 million. Built in 1985, the five-story building is fully leased and is valued at $1.9 million.
BALTIMORE-Shopping centers prove to be hot properties as three retail properties sell for a total of $27.4 million with the help of KLNB Retail's brokerage team. Located in and around Baltimore County, the shopping centers account for 260,000 sf. of retail space.
BETHESDA, MD-Popular eatery Sakura Steak and Seafood House spreads its wings even wider in the Baltimore-Washington region with the recent securing of leases on spaces in Westminster and Olney, MD. The restaurants account for a total of 12,000 sf and will open in April and July, respectively.
SUITLAND, MD-The new headquarters building for the National Oceanic and Atmospheric Administration edges closer to reality with the recent tapping of 3D/International Inc. as the project's construction manager. NOAA's new 208,000-sf home carries a $61-million price tag.
BALTIMORE, MD-Belair Edison Crossing retail center is in store for a massive revitalization that will cost as much as $10 million. B. Green & Co. Inc. and Black Oak Associates join forces to renovate the 16-acre property and add 35,000 sf.
BALTIMORE-First Union Tower--the 25-story, 380,0000-sf office structure that has held the address of 7 St. Paul St. since its 1985 completion--becomes the property of new owner Harbor Group International in a $50.2-million deal.
WASHINGTON, DC-Oncor International makes a move to beef up its mid-western presence with the recent appointment of Huff Commercial Group as its new Cincinnati-area affiliate. Huff replaces the Miller Valentine Group.
HERNDON, VA-The Food Lion grocery store-anchored McLearen Square shopping center hits the market and sells for $11.5 million. The 78,000-sf strip center was built in 1997 and is currently 100% leased.
ROCKVILLE, MD-The University of Maryland Biotechnology Institute gets good news with the governor's recent allotment of funding from the fiscal 2004 capital budget for the $50-million development of the Center for Advance Research in Biotechnology II.
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