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Merritt Properties said it has closed on the purchase of a 35.64-acre site at 635-660 McHenry Road located less than two miles from Aberdeen Proving Ground where it plans to develop thrree Class A office buildings. According to Merritt, the new development...

Full article: Merritt Planning Major BRAC Development in Aberdeen ...

Tags: Baltimore, CoStar Group

In this week's Pipeline, Forest City Enterprises will privatize and build family housing at four military bases in South Carolina, Tennessee and Mississippi; in Rockville, MD, business and government leaders will officially kick off a $200 million expansion...

Full article: In The Pipeline: CoStar Development and Construction News for Aug. 29 - Sept. 4 ...

Tags: Baltimore, CoStar Group

CoStar compiles news of consolidations, closures, layoffs and lease cancellations in the weekly Lease Down news report, a concise read keeping you updated on major corporate moves affecting commercial real estate. For news on corporate expansions...

Full article: Lease Down (Aug. 29 - Sept. 4): Northrop Grumman, Aviat Continue to Downsize ...

Tags: Baltimore, CoStar Group

CoStar compiles news of corporate expansions, relocations and lease extensions in the weekly Lease Up news report, a concise read keeping you updated on major corporate moves affecting commercial real estate. In this week's issue: BP inks a huge...

Full article: Lease Up (Aug. 29 - Sept. 4): BP Selects Memphis Facility to Store Gulf Cleanup Materials ...

Tags: Baltimore, CoStar Group

NEW YORK Boston Properties to Acquire 510 Madison By Andrew Deichler Boston Properties said last week that it is acquiring 510 Madison Ave. from oft-troubled New York developer Harry Macklowe. The REIT has agreed to a purchase price equal to...

Full article: CoStar’s Deals of Note (Aug. 29 - Sept. 4) ...

Tags: Baltimore, CoStar Group

This week's People of Note includes the following markets: Atlanta, Denver, Hartford, New York City, Northern New Jersey, Retail, South Florida and Washington, DC. ATLANTA Brown Joins Cortland as Chief Acquisitions Officer Cortland Partners recruited...

Full article: CoStar’s People of Note (Aug. 22-28) ...

Tags: Baltimore, CoStar Group

The Community College of Baltimore County signed a 10,000-square-foot lease at 7106 Ridge Road - Phase II in Rosedale, MD. The single-story, 10,000-square-foot, Class B office property delivered in 2008 and is in the Baltimore County East submarket...

Full article: CCBC Takes 10,000 SF in Rosedale ...

Tags: Baltimore, CoStar Group

Baltimore Ravens star linebacker and likely Hall-of-Famer Ray Lewis has drafted a new team, RL52 Realty, a full service commercial real estate advisory firm. While the firm will help advise clients on decisions affecting all property types, the official...

Full article: This Week in Retail: NFL’s Ray Lewis Looks To Be ‘All Business’ Off the Field Too ...

Tags: Baltimore, CoStar Group

New York-based REIT Home Properties Inc. purchased an apartment community at 1101 Lake Heron Drive in Annapolis, MD, from Dubin Development Co. for $32.5 million, or about $115,250 per unit. Known as the Annapolis Roads Apartments, the multifamily...

Full article: NY REIT Buys Annapolis Roads Apts. for $32.5M ...

Tags: Baltimore, CoStar Group

Look for the latest findings of the CoStar Commercial Repeat-Sale Indices (CCRSI) to be released this coming Wednesday, September 1, 2010. CoStar developed the CoStar Commercial Repeat-Sale Indices to provide a comprehensive set of benchmarks...

Full article: CoStar to Release August Repeat Sales Analysis Next Week ...

Tags: Baltimore, CoStar Group