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Real Estate

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MD home sales slowed in June as affordability remains a growing concern, report shows

Mortgage rates stuck near 7% and record high home prices have cooled housing market activity in many Maryland areas, a report found.

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Bethesda-based Finmarc Management acquires Frederick’s Riverview Plaza for $30M

Bethesda-based Finmarc Management Inc. executed the acquisition of Riverview Plaza, a 185,275 square foot regional shopping center in Frederick.

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THB Bagelry & Deli acquires industrial/flex building in Towson for $2.55M

THB Bagelry & Deli has acquired 1040 Cromwell Bridge Road, a single-story building containing 13,560 square feet of industrial/flex space in Towson for $2.55 million. Andrew Meeder, SIOR, Patrick Smith, […]

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Mid-Atlantic Nephrology Associates extends lease at Arbutus Business Center

Mid-Atlantic Nephrology Associates, P.A. extended its lease with Hill Management Services Inc. for 7,200 square feet of space at Arbutus Business Center, a 14-acre business community in Arbutus. The physician-owned […]

The property at 762 Queenstown Road contains an approximately 8,000-square-foot, single-story building containing office and warehouse/industrial space and a lighted and fenced-in industrial outdoor storage area suitable for the storage of equipment and products. (Photo courtesy of MacKenzie Commercial Real Estate Services)

Skyreach Equipment adds Severn property for $3.5M

Glen Burnie-based Skyreach Equipment has acquired 762 Queenstown Road in Severn for $3.5 million.

London-based EQT Exeter purchased Baltimore Crossroads, a six-building industrial portfolio in White Marsh for $140.5 million, which included the building at 1411 Tangier Drive. (Photo courtesy of CBRE)

Baltimore Crossroads industrial portfolio sold for $140.5M

EQT Exeter announced the acquisition of Baltimore Crossroads, a six-building industrial portfolio in White Marsh, for $140.5 million. 

An aerial view of Hooks Village Shopping Center at 25 Hooks Lane in Pikeville, the new home of insurance firm Mayer & Steinberg Inc. (Photo courtesy of David S. Brown Enterprises)

Mayer & Steinberg relocates to new site in Pikesville

Insurance firm Mayer & Steinberg Inc. announced its relocation to a mixed-use development in Pikesville.

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NewPoint provides $22.3M in financing for Montgomery County workforce housing preservation

NewPoint Real Estate Capital LLC provided $22.3 million to refinance two garden-style multifamily communities in Takoma Park.

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First two buildings now completed at 184-unit, Five43 Apartments in Harford County

The first two residential buildings, totaling approximately 70 units, have been delivered at Five43 Apartments in Bel Air.

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MCB Real Estate to provide relief for Morgan St. housing crunch with ‘The Enolia’

MCB Real Estate, an institutional commercial real estate investment management firm based in Baltimore with nationwide holdings, Thursday announced plans to build “The Enolia,” a 151-unit, 473-bed off-campus housing project […]

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Long-term tenant Bentley World-Packaging buys Baltimore warehouse, manufacturing building for $6M

Packaging company Bentley World-Packaging has acquired 6301 Erdman Ave., a one-story building containing 77,000 square feet of warehouse, manufacturing, and office space, from a private owner for $6 million. The […]

Mortgage Rates

Mortgage rates in MD will remain higher for longer, but there is good news, report shows

Affordability will be the biggest challenge for the Maryland housing market for the rest of 2024, according to a forecast update from Bright MLS.