State: Maryland - MD
Life-Sciences Company Leases 116,000 SF in Frederick, Md.
BisNow Precision for Medicine has increased its footprint at the Riverside Tech Park research and development property in Frederick, Md., by 41,000 square feet to 116,000 sf. The 753,000-sf property is at Progress Drive and Monocracy Boulevard, about 50 miles ...
$350Mln CMBS Loan on Md. Shopping Mall Moves to Special Servicer
Commercial Real Estate Direct Staff Report The $350 million CMBS loan against the Westfield Montgomery Mall in Bethesda, Md., has transferred to special servicer SitusAMC as it's expected to default at its August maturity. The loan is securitized through WFLD ...
Vacant Washington-Area Office Sells for $5.72Mln; CMBS Trust Takes Hit
The last remaining asset in the collateral pool of a 2008 CMBS deal has been liquidated, resulting in another $33.72 million of losses to the trust. The asset, the 145,291-square-foot office building at 255 Rockville Pike in Rockville, Md., was ...
10000 Franklin Square Drive
Roughly 265,000 sf of the building is leased to Chesapeake Beverage Co., which has occupied space in it since 2016.
The Hampton Inn & Suites National Harbor/Alexandria Area hotel
SAK Developers has paid $47 million, or $305,194/room, for The Hampton Inn & Suites National Harbor/Alexandria Area hotel in the Washington, D.C., suburb of Oxon Hill, Md. The Ashburn, Va., developer acquired the property from Blackstone Group's BRE Hotels & ...
383,000-SF Warehouse in Nottingham, Md., Sells for $41Mln
Commercial Observer Stoltz Real Estate Partners has paid $41 million, or $107.04/sf, for the 383,000-square-foot warehouse at 10000 Franklin Square Drive in the Baltimore suburb of Nottingham, Md. The Bala Cynwyd, Pa., investor bought the property from TA Realty of ...
8200 Wisconsin Ave. and 5015 Battery Lane
Corner Lot Advisors has paid $85.5 million for two apartment buildings with 329 units in Bethesda, Md. The Bethesda multifamily specialist bought the two properties - the 245-unit building at 8200 Wisconsin Ave. and the 84-unit Middlebrooke Apartments at 5015 ...
154-Room Hotel in Suburban Washington, D.C., Sells for $47Mln
SAK Developers has paid $47 million, or $305,194/room, for The Hampton Inn & Suites National Harbor/Alexandria Area hotel in the Washington, D.C., suburb of Oxon Hill, Md. The Ashburn, Va., developer acquired the property from Blackstone Group's BRE Hotels & ...
2 Bethesda, Md., Apartment Buildings Sell for $85.5Mln
Corner Lot Advisors has paid $85.5 million for two apartment buildings with 329 units in Bethesda, Md. The Bethesda multifamily specialist bought the two properties - the 245-unit building at 8200 Wisconsin Ave. and the 84-unit Middlebrooke Apartments at 5015 ...
Baltimore Office Sees Sharp Drop in Appraised Value
Commercial Real Estate Direct Staff Report The 225,485-square-foot office property at 300 East Lombard St. in Baltimore has had its appraised value slashed by 76 percent to $9.1 million, according to Morningstar Credit Analytics. The property is owned by JMS ...
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