David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
City: Bel Air
Seniors Housing Proposed for Bel Air, Md., Mixed-Use Development
REBusiness Online Park Avenue Lifestyle is planning a seniors-housing property on a site it has purchased at the James Run mixed-use development in Bel Air, Md. The Winter Park, Fla., company, which owns and operates nine seniors-housing properties, bought the ...
Construction of Suburban Baltimore Mixed-Use Project Gets Underway
Commercial Observer ARLS Properties has started construction on the Bel Air Village mixed-use property in the Baltimore suburb of Bel Air, Md. The property is being built on a 35-acre site off Route 24. It will have 252 apartment units, ...
two medical-office buildings with a total of about 114,000 square feet in Bel Air, Md.
The properties are an 83,000-sf building at 540 Upper Chesapeake Dr., which is 90 percent leased, and a 31,000-sf property at 615 W. MacPhail Road, which is about 100 percent leased.
Seasons at Bel Air/955 Sablewood Road
94 percent occupied. The buyer has lined up a $63 million Fannie Mae loan that CBRE wrote against the property. The 10-year loan pays a coupon of 3.97 percent and requires only interest payment for the first two years. After ...
Festival at Bel Air/5 Bel Air South Parkway
98 percent occupied. The property had served as collateral for a $76 million CMBS loan that has been defeased, or replaced with government securities. The mortgage, securitized through GS Mortgage Securities Corp. II, 2005-GG4, paid a 5.18 percent coupon and ...
Harford Mall & Harford Annex
anchored by Hecht's and Sears; 94.5% occupied; in 2002 posted mall shop sales of $329/sf
Greenbrier Shopping Center
anchored by a 55,000-sf Safeway supermarket; others areCVS Drug, Applebee's Restaurant, Radio Shack
The Festival at Bel Air
The 78-store center is 96% leased.
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