State: Maryland - MD
St. John Properties to Develop 110,000-SF Mixed-Use Property in Hunt Valley, Md.
REBusiness Online St. John Properties has purchased a 17-acre parcel in Hunt Valley, Md., with plans to build 110,000 square feet of research and development and retail space on it. The site is at the corner of York Road and ...
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 ...
JBG Smith Sells 80 Percent Stake in Bethesda, Md., Headquarters
BisNow JBG Smith Properties Inc. has sold an 80 percent stake in its 291,000-square-foot headquarters at 4747 Bethesda Ave. in Bethesda, Md., for $196 million. The buyer of the stake could not be learned. The company had developed the 15-story building ...
Maker of E-Bikes Signs 109,192-SF Industrial Lease in Elkton, Md.
Commercial Observer Metalrays, an electric-bike manufacturer, has signed a 109,912-square-foot lease at a soon-to-be-built industrial building at 1003 Konica Drive in Elkton, Md. The single-story building is being developed by McConnell Development of Wilmington, Del. It will have 263,500 sf, ...
Queens Park Plaza
Ernst Equities has paid $16.05 million, or $170,745/unit for the 94-unit Queens Park Plaza apartment property in Hyattsville, Md. The Washington, D.C., developer bought the property, at 2500 Queens Chapel Road, six miles from the Federal Triangle in Washington, from ...
Solaire Wheaton
The property is 93 percent leased and is encumbered by a $40.4 million Fannie Mae loan that Berkadia had provided in 2016. It pays a coupon of 3.83 percent and doesn't mature until August 2026. It would be subject to ...
Suburban Washington, D.C., Apartments Sell for $64Mln
Investment manager 29th Street Capital has paid $64 million, or $275,862/unit, for the 232-unit Solaire Wheaton in the Washington, D.C., suburb of Silver Spring, Md. The Chicago company bought the property from Washington Property Co. of Bethesda, Md., which had developed ...
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