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By Lorraine Mirabella, The Baltimore Sun | March 27, 2011
This month, the Baltimore office of Ballard Spahr LLP closed a $460 million real estate deal — the largest U.S. sale of multifamily dwellings outside New York in the past three years, according to commercial real estate industry players. The deal was a coup for the office, which represented the buyer of eight apartment complexes in Maryland and Northern Virginia that contain more than 2,500 units. Marci Gordon, the partner who led Ballard Spahr's team of lawyers during the seven-month negotiation, said the acquisition of the apartment buildings, known as the Magazine Portfolio, by a joint venture of Pantzer Properties and Dune Real Estate Partners showed the strength of rental properties, which have benefited from the continuing slump in the for-sale housing market.
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BUSINESS
By Natalie Sherman, The Baltimore Sun | September 8, 2014
When real estate professionals Alex Kopicki and Jeff Jacobson started a development firm roughly three years ago, they figured they knew what they were doing, so they were surprised by one of their biggest problems out of the gate. "We actually had a great deal of trouble identifying and locating our first office space," Kopicki said. "It was a real head-scratcher. " And thus a new business was born. As the real estate firm, Solstice Partners, took off, the pair started noodling with plans for a website that would make it easier for a small business like theirs to find a place to rent.
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EXPLORE
August 18, 2011
Colliers International, headquartered in Columbia, named Vincent M. Brocato vice president. Brocato joins the commercial real estate firm with more than 23 years of experience in tenant and landlord representation in Baltimore. Before joining Colliers International, Brocato, of Timonium, worked in commercial real estate in Baltimore and the Baltimore-Washington corridor. He has represented clients including Mercy Health System, Johns Hopkins University School of Public Health, The Weinberg Foundation, Alter Communications and Baltimore Healthcare Access among others.
NEWS
August 27, 2014
The misinformation in Susan Shaw's letter ( "State should clean up its act Aug. 22) compelled me to write this. She says don't blame commercial real estate for overflows because they don't overflow. She goes on to say the overflows were the state's fault. Actually, the overflows are Baltimore City's fault since its operates the wastewater treatment system where the overflows occurred. But even blaming the city is off the mark. Ms. Shaw fails to recognize a central fact. When it comes to water, everything is downstream.
NEWS
By Frederick N. Rasmussen, The Baltimore Sun | June 4, 2014
Michael H. Weinman, a retired real estate developer who was a co-manager of the family-owned Morris Weinman Co., died Sunday of heart failure at his Worthington Valley home. He was 78. Michael Henry Weinman was born and raised in Baltimore and was a 1953 graduate of St. Paul's School. In 1957, he earned a bachelor's degree in business from the University of North Carolina at Chapel Hill. He served in the Army for a year at Fort Knox, Ky., before going to work in 1958 for Sunny's Surplus, which was a family-owned retail business.
EXPLORE
August 18, 2011
Colliers International, headquartered in Columbia, named Vincent M. Brocato vice president. Brocato joins the commercial real estate firm with more than 23 years of experience in tenant and landlord representation in Baltimore. Before joining Colliers International, Brocato, of Timonium, worked in commercial real estate in Baltimore and the Baltimore-Washington corridor. He has represented clients such as Mercy Health System, Johns Hopkins University School of Public Health, The Weinberg Foundation, Alter Communications and Baltimore Healthcare Access, among others.
NEWS
August 27, 2014
The misinformation in Susan Shaw's letter ( "State should clean up its act Aug. 22) compelled me to write this. She says don't blame commercial real estate for overflows because they don't overflow. She goes on to say the overflows were the state's fault. Actually, the overflows are Baltimore City's fault since its operates the wastewater treatment system where the overflows occurred. But even blaming the city is off the mark. Ms. Shaw fails to recognize a central fact. When it comes to water, everything is downstream.
BUSINESS
By Natalie Sherman, The Baltimore Sun | September 8, 2014
When real estate professionals Alex Kopicki and Jeff Jacobson started a development firm roughly three years ago, they figured they knew what they were doing, so they were surprised by one of their biggest problems out of the gate. "We actually had a great deal of trouble identifying and locating our first office space," Kopicki said. "It was a real head-scratcher. " And thus a new business was born. As the real estate firm, Solstice Partners, took off, the pair started noodling with plans for a website that would make it easier for a small business like theirs to find a place to rent.
BUSINESS
By Lorraine Mirabella, The Baltimore Sun | November 19, 2011
He's led the Columbia-based company through two recessions and overseen its growth into a nationally known developer with $5 billion in assets and a specialty in high-security buildings for defense agency and defense contractor tenants. In March, Randall M. Griffin will retire from Corporate Office Properties Trust after nearly 14 years, both as president and chief operating offer and as CEO for the last six years. COPT builds, owns and manages suburban office complexes and specializes in defense agency and contractor tenants.
BUSINESS
January 6, 2010
Baltimore commercial real estate firm Colliers Pinkard said Tuesday it plans to cut its affiliation with Colliers International and will join with seven other firms March 1 to launch a new brand, Cassidy Turley. Colliers Pinkard has joined with Colliers Turley Martin Tucker, Cassidy & Pinkard Colliers, Colliers ABR, BT Commercial in Northern California, BRE Commercial in Southern California, BRE Commercial in Arizona, and Colliers Houston & Co. of New Jersey. The combined companies will form a network that is expected to be one of the nation's largest providers of commercial real estate services, said Mark E. Burkhart, chief executive of Cassidy Turley.
NEWS
By Frederick N. Rasmussen, The Baltimore Sun | June 4, 2014
Michael H. Weinman, a retired real estate developer who was a co-manager of the family-owned Morris Weinman Co., died Sunday of heart failure at his Worthington Valley home. He was 78. Michael Henry Weinman was born and raised in Baltimore and was a 1953 graduate of St. Paul's School. In 1957, he earned a bachelor's degree in business from the University of North Carolina at Chapel Hill. He served in the Army for a year at Fort Knox, Ky., before going to work in 1958 for Sunny's Surplus, which was a family-owned retail business.
NEWS
By Jacques Kelly, The Baltimore Sun | March 19, 2013
Frank Simms Dudley Jr., an Eastern Shore real estate broker and property appraiser, died of complications after surgery March 3 at the University of Maryland Medical Center. The former Baltimore resident was 93. Born in Baltimore, he was the son of Frank S. Dudley, a banker, and Edith Shriner, a homemaker. He lived on Roland Avenue and attended Roland Park Country School before graduating from Gilman School in 1939. His studies at the University of Virginia were interrupted by his service in the Navy during World War II. A lieutenant, he commanded a sub chaser and initially patrolled anti-submarine nets off the New York Harbor and later off San Diego and San Francisco.
BUSINESS
By Steve Kilar, The Baltimore Sun | October 8, 2012
The threat of automatic spending cuts by the federal government caused companies to press the pause button on real estate expansion in the Baltimore region during the third quarter, according to analysts. "It reflects the nature of the economic drivers in the region," said Robert Manekin, managing director of Colliers International's Baltimore office. Federal agencies and contractors make up a large percentage of office tenants throughout Central Maryland, and uncertainty about the national budget has caused them to be more cautious about leasing new space, he said.
BUSINESS
By Lorraine Mirabella, The Baltimore Sun | January 7, 2012
Dianna Wilhelm, a developer based in Annapolis Junction, was elected this month to head the Maryland chapter of NAIOP, the National Association of Industrial and Office Properties. Wilhelm serves as president of Wilhelm Business Enterprises, a development company she owns with her husband, Wayne Wilhelm, that builds warehouses, "flex" structures and office buildings. The couple also runs Wilhelm Commercial Builders, a 110-employee commercial construction company that specializes in high-security office buildings.
BUSINESS
By Lorraine Mirabella, The Baltimore Sun | November 19, 2011
He's led the Columbia-based company through two recessions and overseen its growth into a nationally known developer with $5 billion in assets and a specialty in high-security buildings for defense agency and defense contractor tenants. In March, Randall M. Griffin will retire from Corporate Office Properties Trust after nearly 14 years, both as president and chief operating offer and as CEO for the last six years. COPT builds, owns and manages suburban office complexes and specializes in defense agency and contractor tenants.
NEWS
By Frederick N. Rasmussen, The Baltimore Sun and Baltimore Sun reporter | November 11, 2011
Mary Suzanne Beck Keech, a corporate managing director of Studley Inc., a Washington commercial real estate firm, who was also an active alumna of Garrison Forest School, died of cancer Monday at Georgetown University Hospital. The former Catonsville resident had celebrated her 46th birthday last month. The daughter of Rea Keech, a former Buick automobile dealer, and Mary Keech, a Talbots Cross Keys sales associate, Mary Suzanne Beck Keech was born in Baltimore and raised in Catonsville.
BUSINESS
By Timothy J. Mullaney XTCSO: Sun Staff Writer | April 6, 1994
Sooner or later in the economic recovery, someone had to write the headline that Salomon Inc. put on its new study of commercial real estate:"Commercial Real Estate: Losing Its Stigma?"Salomon's point is that fewer and fewer real estate developers are deadbeats on their mortgages these days, as the improving economy, interest rates that are the industry's lowest since 1968 and restructured loans help more of them keep up with their payments.Of course, the fact that the worst deals have mostly been foreclosed on by now helps, too.The drop in delinquencies on office building mortgages made by insurance companies is especially striking, analysts Margaret M. Alexandre and Alfred M. Capra write.
EXPLORE
August 18, 2011
Colliers International, headquartered in Columbia, named Vincent M. Brocato vice president. Brocato joins the commercial real estate firm with more than 23 years of experience in tenant and landlord representation in Baltimore. Before joining Colliers International, Brocato, of Timonium, worked in commercial real estate in Baltimore and the Baltimore-Washington corridor. He has represented clients such as Mercy Health System, Johns Hopkins University School of Public Health, The Weinberg Foundation, Alter Communications and Baltimore Healthcare Access, among others.
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