An affiliate of Ares Management has paid $80 million, or $100/sf, for the 800,000-square-foot warehouse building at 1000 Commerce Center Drive in Elkton, Md. The Los Angeles company purchased industrial property from a venture of Trammell Crow Co. and Diamond ...
Dallas Business Journal An affiliate of Ares Management has paid $80 million, or $100/sf, for the 800,000-square-foot warehouse building at 1000 Commerce Center Drive in Elkton, Md. The Los Angeles company purchased industrial property from a venture of Trammell Crow ...
Commercial Observer FPA Multifamily has paid $73 million, or $211,594/unit, for two apartment properties with a total of 345 units in Baltimore. The properties are The Lofts, with 193 units at 1901 South Charles St., and The Flats, with 152 ...
Commercial Observer Newmark has originated $81 million of Fannie Mae financing against the 350-unit EDE apartment property at 400 East Seventh St. in Frederick, Md. The property is owned by Goldstar Group of Bethesda, Md. The five-year loan, with a ...
The Baltimore-area office sector could be among the markets where the flight-to-quality phenomenon is most vivid. Nearly 450,000 square feet of space was leased during the second quarter, with 63% of that taking place at class-A properties.
Washington Business Journal Prime Finance Partners has teamed with MRP Realty to buy the four-building Bethesda Crescent office complex in Bethesda, Md., for $28 million, or $93.64/sf, at a recent foreclosure auction. Prime acquired a defaulted $76 million loan on ...
Commercial Real Estate Direct Staff Report The Westfield Wheaton shopping mall in the Washington, D.C., suburb of Wheaton, Md., is in the process of being sold. The buyer, which couldn't be identified immediately, will be assuming what was a $234.62 ...
Chicago Pacific Founders has paid $27.5 million, or $143.23/sf, for Maryland Trade Center III, a 192,000-square-foot medical office building in Greenbelt, Md. The company, which invests in the medical sector, including properties, bought the 36-year-old building from a venture of Trammell ...
A venture of Kisco Senior Living and Welltower Inc. has paid $44 million, or $301,369/unit, for the 146-unit Seneca senior-living property in the Washington, D.C., suburb of Rockville, Md. The venture bought the four-year-old property, at 55 West Gude Drive, ...
Commercial Observer X-Energy has leased 120,000 square feet at the 325,455-square-foot Waterfront at Washingtonian office building in the Washington, D.C., suburb of Gaithersburg, Md. The property, at 9801 Washingtonian Blvd., is owned by Prime US REIT of Singapore, which acquired ...
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