Insignia/ESG has won a property management contract for 484,000 sf of retail, warehouse and office space in Maryland from Core Development Group.

The Clarksburg-based developer switched its entire portfolio from Foulger-Pratt, another developer, to a practicing property management firm. The properties include two shopping centers in Frederick, two office buildings in Germantown, a third in Gaithersburg, a day care center in Germantown and an automotive warehouse site in Gaithersburg.

Insignia/ESG is contracted for a year to oversee daily operations for the properties, where minor renovations are planned.

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