City: Baltimore

Baltimore Business Journal Rose Valley Capital has paid $67.1 million, or $169,444/unit, for Crossings at White Marsh, a 396‑unit apartment complex in Nottingham, Md. The Brooklyn, N.Y., investor acquired the garden‑style property from Continental Realty Corp. of Baltimore, which had ...

Baltimore Business Journal Reisterstown Shopping Center in the Baltimore suburb of Reisterstown, Md., has changed hands for $40.6 million, or just more than $266/sf. The 159,522-square-foot property, at 11989 Reisterstown Road, was purchased by a venture of Rappaport of McLean, ...

Baltimore Business Journal Amazon Data Services has paid $15.2 million, or $136.94/sf, for the 111,000-square-foot Stone Manor office building in Owings Mills, Md., a suburb of Baltimore. The tech giant purchased the building from T. Rowe Price Group, which is ...

Commercial Real Estate Direct Staff Report AH Realty Trust, the former Armada Hoffler Properties Inc., has struck a deal to sell 11 of its 14 apartment properties in Virginia, Maryland, Georgia, and North Carolina for $562 million in cash to ...

An entity doing business as Normandy National Pike LLC has paid $57.5 million, or $310.81/sf, for the 185,000-square-foot Normandy Shopping Center in Ellicott City, Md. The investment group, which is led by local residents Gurmit, Ish, and Maninder Singh, acquired ...

Lument has provided $30 million of Freddie Mac financing against the 202-unit Townes at the Terrace apartment property in Baltimore's Poppleton area. The property, at 800 West Saratoga St., is owned by the Housing Authority of Baltimore City, which was ...

Commercial Real Estate Direct Staff Report The 662,708-square-foot office building at 100 East Pratt St. in Baltimore, which backs a $102.16 million CMBS loan, has had its appraised value slashed to $31.5 million. The 50-year-old building's prospects dimmed earlier this year ...

Commercial Observer FPA Multifamily has paid $73 million, or $211,594/unit, for two apartment properties with a total of 345 units in Baltimore. The properties are The Lofts, with 193 units at 1901 South Charles St., and The Flats, with 152 ...

The Baltimore-area office sector could be among the markets where the flight-to-quality phenomenon is most vivid. Nearly 450,000 square feet of space was leased during the second quarter, with 63% of that taking place at class-A properties.

Commercial Real Estate Direct Staff Report T. Rowe Price Associates Inc.'s termination of its lease at its long-time headquarters building at 100 East Pratt St. in downtown Baltimore has placed its $103.06 million CMBS loan in jeopardy. The investment manager, ...