Commercial Observer Rubenstein Mortgage Capital has provided $42 million of financing against the 206,000-square-foot office building at 1801 L St NW in Washington, DC The loan allowed the property’s owner, a group of families in the...
Washington Business Journal BMW has agreed to open a 75,000-square-foot distribution center in Baltimore The auto maker plans on using the 35-acre development site to house vehicles that are manufactured in Mexico and Europe The property will be...
Bisnow Old City Development Group is close to finishing work on the Adora mixed-use project in Washington, DC The five-story property, at 1827 Wiltberger St NW, will have 36,000 square feet of retail and office space on the first three floors and...
Baltimore Business Journal Stonehill Strategic Capital has acquired the 202-room Kimpton Hotel Monaco Inner Harbor in Baltimore for $12 million at a recent foreclosure auction Alex Cooper Auctioneers conducted the auction InterContinental Hotels...
Philadelphia Business Journal PMC Property Group is developing the Riverwalk mixed-use project in Philadelphia’s Logan Square neighborhood The property will consist of a 291-unit apartment building at 60 North 23rd St and a 321-unit structure...
Washington Business Journal The 381,074-square-foot office building at 1350 I St in Washington, DC, is scheduled to be sold at a March 10 foreclosure auction Harvey West Auctioneers of Chevy Chase, Md, is handling the auction, which requires a $2...
Commercial Observer Buchanan Partners has sold the Bowie Corporate Center, a 125,969-square-foot office building in Bowie, Md The buyer and sales price were not disclosed The Gaithersburg, Md, company had developed the five-story property in 2007 It...
Philadelphia Business Journal A venture of Keystone Property Group and Concord Hospitality has broken ground on the 127-room Hotel West + Main in the Philadelphia suburb of Conshohocken, Pa The 11-story building, at 125 East Elm St, will be part of...
Baltimore Business Journal Local developer Larry E Jennings Jr plans on constructing a 42-unit affordable-housing building in Baltimore The Commission for Historical and Architectural Preservation last week rejected Jennings’ plan to construct...
Bisnow Federal Realty Investment Trust is planning another apartment property for its Bethesda Row mixed-use development in Bethesda, Md The building would have 275,000 square feet of space and stand 70 feet But the Rockville, Md, REIT hasn’t...
