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New York-based Investment Firm Buys Class A Multifamily Complex in Elkton
The 156-unit Apartments at Iron Ridge complex in Elkton, MD AION Partners, a New York-based full-service investment firm with a portfolio exceeding $1.5 billion, purchased a 156-unit apartment complex in Elkton, MD from Wilmington, DE-based Unity Corp...

REAP Graduate Elected to ICSC Board of Trustees
Angele Robinson-Gaylord, president of U.S. property for Ikea Group outside of Philadelphia (pictured, left) alongside chairman of the REAP board G. Lamont Blackstone (right).Credit: Tony Wilbert for CoStar Group Inc. Among the new members elected to...

Continental Realty Promotes Donato in Baltimore
Continental Realty Corp. promoted Haley Donato to director of asset management in the firm’s Baltimore office, where she will be responsible for the financial performance of 30 multifamily assets comprising about 10,000 units. Prior to joining the...

Blue Ocean Acquires 417-Unit Multifamily Complex in Joppa
Leasing office at the 417-unit Homes of Towne Plaza multifamily complex at 311 Trimble Rd. in Joppa, MD Blue Ocean, a Baltimore-based investment and property management firm, purchased a 417-unit multifamily complex in Joppa, MD from Weiss Bros. Investors...

Brinklow Buys The Woods at Broken Land
The Woods at Broken Land office building at the Patuxent Woods Bus Park in Columbia, MD Brinklow Properties, an affiliate of American Wood Fibers (AWF), purchased a 38,292-square-foot office building in Columbia, MD from Greenfield Partners. The Woods...

Two New Warehouses Set to Join Baltimore’s Most Valuable Industrial Submarket
Rendering of the 126,000-square-foot Building A at the Terrapin Commerce Center in Jessup, MDCredit: DCT Industrial Denver-based DCT Industrial Trust is preparing to unveil two new warehouses just south of Baltimore, adding $25 million worth of investment...

Sunshine Management Buys Illiano Main Street Plaza I
The 44,600-square-foot Illiano Main Street Plaza I retail building at 1311 S. Main St. in Mount Airy, MD Sunshine Management, a local full-service property management, maintenance and brokerage firm, purchased a 44,600-square-foot retail building at...

JV Picks Up Nine-Bldg. Office Park in Columbia
The nine-building Columbia Business Center in Columbia, MD A joint venture between Feldman Bergin Properties and Fortified Property Group purchased a nine-building mixed-use business park comprising 160,255 square feet in Columbia, MD from Greenfield...

MOI Preleases 13,000 SF at McHenry Row Office Park in Baltimore
Rendering of the 75,000-square-foot McHenry Row III office building in BaltimoreCredit: NAI KLNB MOI, an employee-owned workplace solutions company, preleased 13,284 square feet at 28 Walker Development’s McHenry Row III office building in Baltimore...

Howard County Apartment Market Feeling Supply Pressure Pinch
Developers have been stepping over themselves to bring new apartment projects to Howard County this real estate cycle, but the impact of such breakneck development is setting in. Despite state-leading population growth and two of the metro area’s...

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