David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
State: Maryland - MD
D.C.-Area Office Building Sells for $40.1Mln
Washington Business Journal CCLC, the former Chevy Chase Land Co., has sold the 190,866-square-foot medical-office building at 8401 Connecticut Ave. in the Washington, D.C., suburb of Chevy Chase, Md., for $40.1 million, or $210.10/sf. The buyer was not immediately known. ...
In-Rel Properties Purchases Bethesda, Md., Office Building at Steep Discount
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 ...
Crossings at White Marsh
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 owned it since ...
Baltimore-Area Apartment Property Trades for $67.1Mln
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-Area Retail Center Sells for $40.6Mln
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, ...
Out-of-State Nonprofit Buys Germantown, Md., Apartments for $53.7Mln
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 ...
Appraised Value of Troubled Maryland Outlet Center Lowered for Fourth Time
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 ...
Macerich Buys Annapolis Mall for $260Mln
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 ...
Amazon Buys Baltimore-Area Office Building for $15.2Mln
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 ...
Congressional North Shopping Center
The North Bethesda, Md., REIT acquired the property, at 1501-1519 Rockville Pike, from Cohen Siegel Investors of Rockville. The property is 90% occupied and anchored by an Aldi grocery store, which is in 32,749 sf under a lease that runs ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
