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BUSINESS
By Timothy J. Mullaney and Timothy J. Mullaney,Staff Writer | August 24, 1993
Arbitron Corp. has scotched what could have been one of the biggest real estate deals of the year, choosing not to move to the Airport Square office complex in Linthicum and instead to stay for at least two more years at three buildings in Prince George's County.The decision by the Manhattan-based company sets the stage for another round of competition over Arbitron and its 1,200 local employees in the next 18 months, said Prince George's Economic Development Corp. President Dennis C. Murphy.
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BUSINESS
By Meredith Cohn and Meredith Cohn,SUN STAFF | March 23, 2001
Already one of the largest property owners in the Baltimore-Washington corridor, Corporate Office Properties Trust said yesterday that it has acquired five more office buildings in the area. The Columbia real estate investment trust now owns 55 office buildings, with more than 4.2 million square feet, in Anne Arundel and Howard counties. The terms of the purchase of five buildings in Airport Square Business Park were not disclosed. Corporate Office Properties joined with an unnamed out-of-town investor who provided cash for the project in Anne Arundel County.
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BUSINESS
By Timothy J. Mullaney and Timothy J. Mullaney,Sun Staff Writer | July 20, 1994
In one of the region's biggest real estate deals of the year, Agency Insurance Co. and Agency Services Inc. will move to the Airport Square complex in Linthicum after leasing 35,560 square feet of space at a development set back in recent years by the loss of major defense contractor tenants Westinghouse Electric Corp. and Lockheed Corp."In the last 12 months we've leased 150,000 square feet out here," Airport Square Cos. Vice President Bert Haus said.The 26-building, 3 million- square-foot complex had about 300,000 square feet vacant at the nadir of the recession, Mr. Haus said.
NEWS
March 12, 2001
BankAnnapolis shares the wealth with local charities BankAnnapolis may be moving in style, but it hasn't forgotten about those of lesser means. Last week, when the bank moved its corporate headquarters to 1000 Bestgate Road, it donated old furniture - worth about $40,000 - to local charities. Hospice of the Chesapeake in Millersville is receiving nearly $24,000 worth of items, including office cubicles, conference tables, executive desks, bookcases, sofas and chairs from the bank's reception area.
NEWS
By Consella A. Lee and Consella A. Lee,SUN STAFF | January 22, 1996
Plans for a megaplex theater in Linthicum are moving forward, and a county councilman said he will contact County Executive John G. Gary this week to arrange a meeting with Airport Square officials.American Multi-Cinema Inc. (AMC), which had been a principal in the project, bowed out last month. Sony Theaters, a New York-based company that operates 150 theaters with 900 screens in 15 states, primarily on the East Coast and in the Midwest, has stepped in to negotiate with Airport Square."The chamber is definitely in support of the theater moving into the area.
BUSINESS
By Kevin L. McQuaid and Kevin L. McQuaid,SUN STAFF | July 19, 1996
Defense Investigative Services, a Department of Defense agency forced to pull more than 450 jobs out of the city because of the Fort Holabird military base closing, will debut its new quarters today near Baltimore/Washington International Airport.The DIS shift to two buildings in the Airport Square office complex in Linthicum marks one of the largest office moves in the Baltimore area this year."One of the things that made the buildings so attractive to us were the defense-oriented improvements and security measures already in place," said DIS spokesman Dale Hartig, regarding the former National Security Agency offices.
NEWS
By Rosalie M. Falter | August 11, 1992
It was "Thyme For Tea" at the Ferndale-Linthicum Senior Center on Friday as Friendly Thyme Herb Club members turned the building into a lovely English country inn.The Bereavement Center of Hospice of the Chesapeake is offering a free support group for adults grieving the suicide death of a loved one.The group meets on the second and fourth Monday of every month from 7:30 to 8:30 p.m. at hospice office, 403 Headquarters Drive, Suite 1, Millersville.The...
NEWS
By Consella A. Lee and Consella A. Lee,SUN STAFF | February 14, 1996
Preferred Health Network, a health maintenance organization, is relocating from Catonsville to Airport Square in Linthicum.PHN, formed in 1986, has about 100 employees who design and develop health plan benefits, contract with doctors and market a portfolio of the company's programs.The firm signed a 12-year lease, effective July 1, for 24,000 square feet of office space in the 1000 block of Winterson Road.The company is owned by 14 community-based hospitals and academic institutions such as North Arundel Hospital and Greater Baltimore Medical Center.
BUSINESS
By KEVIN L. MCQUAID and KEVIN L. MCQUAID,SUN STAFF | October 18, 1995
Citing continuing Pentagon cutbacks, the National Security Agency intends to abandon nearly one-quarter of its leased office space near Baltimore-Washington International Airport by July, the government confirmed yesterday.The NSA's pending move from four buildings totaling 275,000 square feet -- roughly equivalent to the 28-story Legg Mason Tower downtown -- is expected to have serious negative ramifications for the BWI office market, raising the vacancy level there nearly 10 percent."Every government agency is downsizing, and at the NSA we wanted to limit our exposure to leased office space because we needed to reduce our operating costs," said Steve McAnallen, an NSA spokesman.
BUSINESS
July 15, 1992
KMS Group Inc. of Columbia says the Army Corps of Engineers will lease a 12-story, 250,000-square-foot office building at One National Business Park, taking off the market a building that has been vacant for two years.The corps signed the lease Friday, says Larry Lichtenauer, KMS spokesman. Mr. Lichtenauer was not able to supply terms of the lease.The National Business Park in Howard County has built about 400,000 square feet of space and expects to grow to 3 million square feet."It's a terrific deal for the National Business Park because it lends a great deal of credibility to the project," says Robert Oare, a broker for Manekin Corp.
BUSINESS
By Kevin L. McQuaid and Kevin L. McQuaid,SUN STAFF | May 5, 1998
A Philadelphia company has become the latest out-of-town property investor to acquire a slice of Baltimore's commercial real estate pie from local ownership, adding velocity to a trend that began late last year.Corporate Office Properties Trust's $72 million acquisition of 12 buildings near the Baltimore-Washington International Airport marks its first purchase since it completed a public offering late last month."We've developed a strategy to expand nationally, and we're using Baltimore as the jumping-off point to begin executing that strategy," said Clay W. Hamlin III, the real estate investment trust's president and chief executive.
BUSINESS
By Kevin L. McQuaid and Kevin L. McQuaid,SUN STAFF | July 19, 1996
Defense Investigative Services, a Department of Defense agency forced to pull more than 450 jobs out of the city because of the Fort Holabird military base closing, will debut its new quarters today near Baltimore/Washington International Airport.The DIS shift to two buildings in the Airport Square office complex in Linthicum marks one of the largest office moves in the Baltimore area this year."One of the things that made the buildings so attractive to us were the defense-oriented improvements and security measures already in place," said DIS spokesman Dale Hartig, regarding the former National Security Agency offices.
NEWS
By Consella A. Lee and Consella A. Lee,SUN STAFF | February 14, 1996
Preferred Health Network, a health maintenance organization, is relocating from Catonsville to Airport Square in Linthicum.PHN, formed in 1986, has about 100 employees who design and develop health plan benefits, contract with doctors and market a portfolio of the company's programs.The firm signed a 12-year lease, effective July 1, for 24,000 square feet of office space in the 1000 block of Winterson Road.The company is owned by 14 community-based hospitals and academic institutions such as North Arundel Hospital and Greater Baltimore Medical Center.
NEWS
By Consella A. Lee and Consella A. Lee,SUN STAFF | January 22, 1996
Plans for a megaplex theater in Linthicum are moving forward, and a county councilman said he will contact County Executive John G. Gary this week to arrange a meeting with Airport Square officials.American Multi-Cinema Inc. (AMC), which had been a principal in the project, bowed out last month. Sony Theaters, a New York-based company that operates 150 theaters with 900 screens in 15 states, primarily on the East Coast and in the Midwest, has stepped in to negotiate with Airport Square."The chamber is definitely in support of the theater moving into the area.
BUSINESS
By KEVIN L. MCQUAID and KEVIN L. MCQUAID,SUN STAFF | October 18, 1995
Citing continuing Pentagon cutbacks, the National Security Agency intends to abandon nearly one-quarter of its leased office space near Baltimore-Washington International Airport by July, the government confirmed yesterday.The NSA's pending move from four buildings totaling 275,000 square feet -- roughly equivalent to the 28-story Legg Mason Tower downtown -- is expected to have serious negative ramifications for the BWI office market, raising the vacancy level there nearly 10 percent."Every government agency is downsizing, and at the NSA we wanted to limit our exposure to leased office space because we needed to reduce our operating costs," said Steve McAnallen, an NSA spokesman.
NEWS
By John A. Morris and John A. Morris,Sun Staff Writer | August 15, 1995
A national cinema chain's plan to build a "megaplex" with nearly two dozen screens in Linthicum depends on Anne Arundel lawmakers' willingness to revise county law.A bill proposed by County Councilman George F. Bachman would clear the path for American Multi-Cinema, Inc. (AMC) to package a theater with a family restaurant and bar in an industrial park outside Baltimore-Washington International Airport.County zoning codes prohibit such commercial projects in Anne Arundel's industrial areas, Mr. Bachman told colleagues during a work session yesterday.
NEWS
By John A. Morris and John A. Morris,Sun Staff Writer | August 15, 1995
A national cinema chain's plan to build a "megaplex" with nearly two dozen screens in Linthicum depends on Anne Arundel lawmakers' willingness to revise county law.A bill proposed by County Councilman George F. Bachman would clear the path for American Multi-Cinema, Inc. (AMC) to package a theater with a family restaurant and bar in an industrial park outside Baltimore-Washington International Airport.County zoning codes prohibit such commercial projects in Anne Arundel's industrial areas, Mr. Bachman told colleagues during a work session yesterday.
BUSINESS
By Edward Gunts | September 12, 1990
Edward H. Dickinson and Samuel F. Heffner Jr. recently formed the Airport Square Cos., a real estate development business that now controls all of the properties previously handled through Dickinson-Heffner Inc.Mr. Dickinson and Mr. Heffner have built more than 5 million square feet of commercial and industrial space in the past 25 years. Airport Square will control 3 million square feet, making it one of the largest real estate development and management companies in the state.Mr. Dickinson was involved in the initial assembling and development of the Hunt Valley Business Center.
NEWS
By John A. Morris and John A. Morris,Sun Staff Writer | August 15, 1995
A national cinema chain's plan to build a "megaplex" with nearly two dozen screens in Linthicum depends on Anne Arundel lawmakers' willingness to revise county law.A bill proposed by County Councilman George F. Bachman would clear the path for American Multi-Cinema, Inc. (AMC) to package a theater with a family restaurant and bar in an industrial park outside Baltimore-Washington International Airport.County zoning codes prohibit such commercial projects in Anne Arundel's industrial areas, Mr. Bachman told colleagues during a work session yesterday.
BUSINESS
By Timothy J. Mullaney and Timothy J. Mullaney,Sun Staff Writer | July 20, 1994
In one of the region's biggest real estate deals of the year, Agency Insurance Co. and Agency Services Inc. will move to the Airport Square complex in Linthicum after leasing 35,560 square feet of space at a development set back in recent years by the loss of major defense contractor tenants Westinghouse Electric Corp. and Lockheed Corp."In the last 12 months we've leased 150,000 square feet out here," Airport Square Cos. Vice President Bert Haus said.The 26-building, 3 million- square-foot complex had about 300,000 square feet vacant at the nadir of the recession, Mr. Haus said.
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