In Business

In Business

January 12, 2008

Acquisitions

Phillips Edison & Co., the Baltimore-based investor and operator of community shopping centers, has acquired its first property in New Jersey with the purchase of Upper Deerfield Plaza in Bridgeton.

Awards

The Property Management Association presented The Bozzuto Group, a property management and development company based in Greenbelt, with six awards for marketing and advertising excellence.

Contracts

Tiburon Inc., a unit of CompuDyne Corp., received a $6.6 million contract from Anne Arundel County to provide an integrated public safety system.

Hughes Network Systems LLC, in Germantown, signed agreements with CVS Systems Inc. and Dow Electronics for distribution of its HughesNet satellite broadband network and services.

Expansion

DOT Foods Inc. completed a $13 million, 103,000-square-foot expansion of its Elliott Parkway warehouse in Williamsport. The Hagerstown-based food and products redistributor also announced that work is nearly finished on a half-million-dollar project to enlarge the truck garage at the Williamsport location.

Organizations

The Maryland chapter of the National Association of Industrial and Office Properties elected Cole Schnorf president, Robert Bavar president-elect, Will McCullough vice president and Christopher Nevin secretary/treasurer.

Anne Arundel Tech Council changed its name to the Chesapeake Regional Tech Council. The name change was made to reflect the growth in council membership and programs in the Annapolis and Baltimore-Washington metropolitan areas.

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