BALTIMORE, MD — Alan Orman, a commercial real estate brokerage professional with more than 35 years of industry experience, has joined Greenspring Realty Partners, Inc. (GRP) as senior advisor. GRP is a Baltimore-based commercial real estate and investment company that focuses on the acquisition of opportunistic real estate investments, as well as providing a range of brokerage services to owners and investors.
In his new role, Orman will handle emerging leasing and sales
BALTIMORE, MD — Greysteel, a national commercial real estate investment services firm, has arranged the sale of Fairspring Senior Apartments, a 100-unit senior affordable housing property, located in Baltimore, MD.
Greysteel CEO, Ari Firoozabadi and director, Henry Mathies from the firm’s Washington, DC office sold the property on behalf of the sellers, Osprey Property Companies and Pax-Edwards. The property sold for $7.7M.
Fairspring senior apartments is located at 1121 Sa
BALTIMORE, MD — Trammell Crow Company (TCC) along with development partner, Diamond Realty Investments (DRI) has closed on a $26 million construction loan from BMO Harris Bank for the development of North East Commons, a new 716,490 s/f, class A speculative distribution facility located along the I-95 corridor north of Baltimore. Construction commenced Q2 2019 and is scheduled to complete in Q1 2020.
“In recent years, this submarket has seen significant growth in big box ind
BALTIMORE, MD — A joint venture partnership between Atapco Properties and Chesapeake Real Estate Group, LLC (CREG) have acquired a 52-acre parcel of land, located at the intersection of MD Rte. 43 and I-95 in the White Marsh section of Baltimore County from Paragon Outlets Baltimore. Formerly the site of a proposed 525,000 s/f retail outlet shopping center, the new owners intend to develop a mixed-use business community, which may include industrial, retail and office uses. A
BALTIMORE, MD— Kinsley Construction, Inc. has been engaged by the B&O Railroad Museum and First Mile Stable Charitable Foundation, LLC to design and build a new stable for the Baltimore City Mounted Police – the nation’s oldest continuously operating mounted police unit.
The project will include state-of-the-art stables and an educational facility constructed on the B&O Railroad Museum property in West Baltimore. The new stables will better support the work of the police dep