Sacramento, Calif., Office Property Sold for $44.5Mln
April 19, 2024
Phoenix Multifamily Vacancy Rate Improves, Rents Rise
April 19, 2024
Nashville-Area Retail Property Sells for $34.5Mln
April 19, 2024
City: Upper Marlboro
Venture Lines Up $275Mln in Financing for Construction of Upper Marlboro, Md., Industrial Property
Commercial Observer A venture of Turnbridge Equities and Manekin has secured $275 million in financing for the construction of the National Capital Business Park in Upper Marlboro, Md., about 20 miles west of Washington, D.C. An affiliate of Apollo Global ...
Target Adding 499,230 SF to Upper Marlboro, Md., Warehouse
Washington Business Journal Target Corp. plans on adding 499,230 square feet to the 730,978-sf warehouse at 15900 Leland Road in Upper Marlboro, Md. The Minneapolis retailer bought the property from Albertsons Cos. It is looking to add 109,180 sf to ...
Upper Marlboro, Md., Shopping Center Offered for Sale
Washington Business Journal Terramar Retail Centers is offering for sale the 100,064-square-foot Osborne Shopping Center in Upper Marlboro, Md. The Newport Beach, Calif., company has hired JLL to market the retail property, which Terramar had bought it 2015 for $30.1 ...
Holiday Inn Hotel in Upper Marlboro, Md., Sells at Auction
Washington Business Journal An undisclosed buyer has paid $8.2 million for the 89-room Holiday Inn Express & Suites hotel in Upper Marlboro, Md., at a recent foreclosure auction. Alex Cooper Auctioneers handled the hotel's auction, which had an opening bid ...
United Bank Provides Construction Financing for D.C.-Area Apartments
Commercial Observer United Bank has provided $45.1 million of construction financing for the St. Joseph Apartments, a 268-unit development in Upper Marlboro, Md. Phillips Realty Capital arranged the three-year loan. Varsity Investment Group, a Bethesda, Md., developer, plans to break ...
Venture Plans 3Mln-SF Logistics Park in Upper Marlboro, Md.
Washington Business Journal A venture of Manekin LLC and Turnbridge Equities is planning to build a 3 million-square-foot logistics park in Upper Marlboro, Md. The 13-building property is being planned for a 280-acre site at the intersection of Queens Court ...
1000 Prince Georges Blvd.
The property previously had been a warehouse for DPI Specialty Foods, which closed the site last year. Amazon has filed an application with Prince George's County, Md., officials to convert the building into a package distribution facility.
Vistas at Lake Largo/500 Harry S. Truman Drive
It also paid $8.75 million, or $86,634/unit, for Centennial Court, a 101-unit seniors-housing property in the northern New Jersey borough of Wharton. The property, at 100 North Main St., was purchased from Related Cos. Avanath funded its purchases through its ...
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