commercial real estate
- Caesars, the parent company of Horseshoe Casino Baltimore, has agreed to be acquired by Eldorado Resorts in a cash-and-stock deal valued at $17.3 billion.
- COPT sold a 90% stake in seven of its data center properties for $238.5 million, establishing a joint venture with the Blackstone Real Estate Investment Trust.
- The Baltimore Police Departmentās Central District is considering a move up the street to the former home of The Baltimore Sun on the edge of Mount Vernon.
- Frankel Properties, a family-run real estate investment firm, has bought Nottingham Commons, a retail center in the northern Baltimore suburbs.
- Developers for Cross Street Market say that a Royal Farms stand selling fried chicken will soon join the offerings at the renovated Federal Hill market.
- The ransomware attack on Baltimore computer systems has blocked people from being able to buy and sell property, real estate agents said.
- Greenberg Gibbons and Seritage Growth Properties formed a joint venture partnership to redevelop a 13.75-acre parcel to expand Hunt Valley Towne Centre in northern Baltimore County.
- The New York-based company that owns, and recently upgraded, the Harborplace pavilions in the Inner Harbor is in danger of defaulting on its debt, according to analysts at the research firm TreppWire.
- Baltimore-based Cordish Companies said Thursday thay it planned to build a $80 million office tower at the Philadelphia Sports Complex, where the cityās professional sports teams play.
- Developer Atapco Properties has launched the development approval process for the 230-unit apartment building, but says it will not be built for at least five years.
- Developers have broken ground on a warehouse in the coveted Baltimore-Washington corridor to meet demands from e-commerce.
- Ever since Hollywood Casino Perryville opened in 2010, officials in Cecil County envisioned the 150-acre parcel as an entertainment hub. Now, many believe such development will accelerate, thanks to a close to finalized deal to bring a Great Wolf Lodge to the site.
- The Opportunity Zone program promoted by Ivanka Trump and her husband Jared Kushner ā both senior White House advisers ā could also benefit them financially, an Associated Press investigation found.
- The developer of an Eldersburg property brought a car wash proposal to the Planning and Zoning Commission this week. Although the developer, Jason Stilling,Ā and engineer,Ā Development Design Consultants,Ā are not at the concept site plan stage..
- A proposed 100-foot mixed-use building has drawn widespread opposition in Locust Point, a South Baltimore neighborhood that accepts development, but the project cleared a key hurdle with the city.
- Katherine Strakes, former manager of the Towson Diner who also had a career in real estate development, died Aug. 31 from osteomyelitis at Gilchrist Center in Towson. The Edenwald Retirement Community resident was 93. Edtist
- Tradepoint Atlantic, the industrial redevelopment of a shuttered steel mill in Baltimore County, is seeking $150 million in government financing to pay for roads, water lines and sewer pipes. Company officials say the financing is necessary to move the project forward.
- Three new leases, totaling more than 1.5 million square feet of industrial/distribution space, with three companies in Harford County are expected to eventually add as many as 400 new full-time jobs.
- Best Buy plans to lease a large warehouse in a part of Anne Arundel County that has become a hub for distribution facilities because it can reach half the nation's population in a day's truck drive.
- A developer unveils plans to build new retail at the base of the Transamerica building at Pratt and Light streets.
- The Baltimore Sun's news and business operations have moved out of their long-time home on Calvert Street just north of downtown and the new owners are considering new uses for the property.
- A 56-unit apartment block and community building are being proposed for the last undeveloped corner of the Benson intersection of Harford and Belair roads and the Bel Air Bypass in Fallston.
- A parcel of land in White Marsh will become warehouses for retailers rather than an outlet shopping center, new owners said Monday.
- The Wells Fargo Tower in Baltimore was sold to Hertz Investment Group for almost $37 million.
- A Columbia office building that currently serves as the headquarters for the cybersecurity firm Tenable Inc. has been sold for $16.2 million.
- One East Pratt Street, known as the PNC building, was sold to a Miami-based real estate investment Banyan Street Capital for $80.1 million, state property records show.
- Merritt Properties aims to continue the development of the Canton waterfront with a new 20-story building.
- The Florida real estate firm Morning Calm Management acquired an Inner Harbor office building, adding to its Maryland holdings.
- A multi-tenant, single-story flex building in Columbia has sold for $7.2 million. A joint venture of Feldman Bergin Properties and Fortified Property Group acquired the building at 9176 Red Branch Road from ShoreGate Partners of Easton.
- The Class Produce Group acquired the warehouse it occupies in Jessup for $11.5 million in late December.
- A vacant warehouse in Halethorpe recently sold for $13.4 million. The OāDonnell Group acquired the 313,000-square-foot building on Sulphur Spring Road from Federal Capital Partners, which bought it in 2014 for $11.5 million.
- A longtime investor in Merritt Properties has infused another $400 million into the Baltimore-based real estate company. The investment from Almanac Realty Investors, a New York-based real estate investment firm, was announced Monday.
- Morgan Properties has acquired a $277.5 million real estate portfolio in Baltimore and Prince Georgeās counties.
- Continental Realty Corp., a Baltimore-based real estate investment firm, has acquired a Southern Florida shopping center for $21.3 million.
- Representatives behind the redevelopment of a shopping center at Towson Circle, in downtown Towson, will host a groundbreaking ceremony with county officials Tuesday.
- Construction has begun on the retail portion of the Circle East redevelopment in downtown Towson.
- The Towson Circle shopping center in downtown Towson has a new name.
- Bel Air's Board of Town Commissioners has approved higher rental rates for the popular Armory, along with a new $100 fee for vehicles "booted" for unpaid parking tickets.
- The church that owns a shuttered and dilapidated rooming house in Butcherās Hill thatās worried neighbors for years has decided to put the property on the market.
- Chesapeake Real Estate Group acquires 259 acres in Curtis Bay
- Lambdin Development Company recently announced the sale of its commercial project known as One Newport Drive, at the intersection of Route 24, Route 23 and
- The owners of The Baltimore Sunās Calvert Street building are seeking to turn it into a mixed-use development with office, retail and potentially a grocery store.
- COPT sells last of its White Marsh properties for $47.5 million
- The developer behind Silo Point, a $180 million waterfront condominium development in Baltimore City, is interested in buying a county-owned property at York
- The City of Aberdeen is looking for purchase offers on the former Aberdeen High School on Route 40 and the former Moose Lodge on Rodgers Street.
- Virginia developer gets hearing with City Council for his $10 billion 'Baltimore Renaissance' idea
- The building leased by The Baltimore Sun and a neighboring parking garage sold for more than $15 million
- Opposition is growing to the proposed Village of Lake Roland project
- The landlord of a Catonsville store that was once home to the electronics and appliance retailer hhgregg is looking for a tenant.
- McHenry Row developer Mark Sapperstein received approval Thursday from the city's Urban Design and Architecture Review Panel for an office building and