State: Maryland - MD

Washington Business Journal In‑Rel Properties has paid $20 million, or $51.54/sf, for the leasehold interest in 3 Bethesda Metro Center, a 388,084‑square‑foot office building in Bethesda, Md., about seven miles north of Washington, D.C. The price paid by the Lake ...

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, ...

Washington Business Journal The NHP Foundation has paid $53.7 million, or $246,330/unit, for Hadley Germantown, a 218‑unit affordable-housing complex in Germantown, Md., about 25 miles northwest of downtown Washington, D.C. The New York nonprofit acquired the apartment property from Elme ...

Commercial Real Estate Direct Staff Report The Hagerstown Premium Outlets retail property in the Maryland panhandle has had its appraised value reduced for the fourth time since its CMBS loan got into hot water in 2020. The 484,994-square-foot retail property ...

Baltimore Business Journal Macerich Co. has acquired the 1.5 million‑square‑foot Annapolis Mall in Annapolis, Md., for $260 million, or $173.33/sf. The Santa Monica, Calif., REIT bought the enclosed mall from a venture led by Centennial, a unit of Lincoln Property ...

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 ...

Bisnow BXP Inc. has sold its 50% stake in the 734,000-square-foot office property at 7750 Wisconsin Ave. in Bethesda, Md., to its partner, Bernstein Cos. of Washington, D.C., in a deal that values the four-year-old building at $430 million. BXP, ...