State: Maryland - MD

Morning Calm Management has paid $32.7 million, or $199.47/sf, for the 163,936-square-foot Twinbrook Office Center in Rockville, Md., about 12 miles north of Washington, D.C. The Boca Raton, Fla., real estate investment manager bought the six-story building from Ivy Realty ...

Commercial Real Estate Direct Staff Report KeyBank has originated a $44 million Freddie Mac loan to help fund Priderock Capital Partners' acquisition of the 256-unit Montclair Apartment Homes in Silver Spring, Md. As reported, the West Palm Beach, Fla., multifamily ...

Commercial Observer Akelius has paid $103 million, or $293,447/unit, for the 351-unit Edition apartment property in Hyattsville, Md., about eight miles northeast of Washington, D.C. The Swedish investor bought the property from a venture of PCCP and Fore Property Co., ...

GMF Capital has paid $104 million, or $240,185/unit, for the 433-unit Mark at Brickyard apartment property in Beltsville, Md. It bought the seven-year-old property, about 20 miles northeast of Washington, D.C., and 25 miles southwest of Baltimore, from Harbor Group ...

Commercial Real Estate Direct Staff Report Quantum Equities has paid $80 million, or $133,556/unit, for the 599-unit Regency Pointe apartment property in Forestville, Md., about 10 miles southeast of Washington, D.C. The New York company bought the complex from Turner ...

Priderock Capital Partners has paid $58.7 million, or $229,297/unit, for the 256-unit Montclair Apartment Homes in Silver Spring, Md., about 15 miles northeast of Washington, D.C. The West Palm Beach, Fla., multifamily specialist bought the property from a venture of ...

Baltimore Business Journal T.J.Maxx has agreed to fully lease a 205,306-square-foot distribution facility in Jessup, Md. The industrial property is part of the 853,520-sf Mid-Atlantic Commerce Center, at 7600 Assateague Drive, which is owned by Grandview Partners. Mid-Atlantic Commerce Center ...

Baltimore Business Journal Laxmi Hotels Group has filed plans to convert a vacant office building in Oxon Hill, Md., into a 100-room hotel. The Charlotte, N.C., hospitality company bought the property two years ago for about $4 million. The five-story ...

Baltimore Business Journal Greystar Real Estate Partners is planning to construct the 500-unit Elan Brewer's Hill apartment property in Baltimore. The project is part of the Collective at Canton mixed-use development. Greystar bought the site from developer Mark Sapperstein. The ...

Blackstone Group has agreed to pay $3.45 billion, or $1,500/sf, for 13 life-sciences properties with 2.3 million square feet in Cambridge, Mass., Baltimore and Philadelphia. The New York investment manager is buying the portfolio from Brookfield Asset Management Inc. The deal ...