Saturday, December 21, 2024
Read the Digital Magazines
Subscribe

Maryland

VIVA-White-Oak
DevelopmentMarylandMixed-useNews

MCB Real Estate to Develop 280-Acre VIVA White Oak Mixed-Use Project Near Washington, D.C.

by Hayden Spiess

Silver Spring, Md. — MCB Real Estate has unveiled plans to develop VIVA White Oak, a 280-acre mixed-use project anchored by healthcare space in Silver Spring, approximately six miles north of downtown Washington, D.C. Plans call for 3 million square feet of lab, office, research and medical space; 525,000 square feet of retail; 3,000 square feet of hotel space; 75,000 square feet of senior living; 4,500 private residences; and 85 acres of open space. MCB is currently working with stakeholders and public officials to refine the specifics, but the healthcare component …

Continue Reading
0 FacebookTwitterLinkedinEmail
DevelopmentLeasingMarylandNewsRestaurants

Six Concepts Join Lineup at Commas Food Hall in Silver Spring, Maryland

by Hayden Spiess

Silver Spring, Md. — Six new food-and-beverage concepts have signed leases to join Commas, a 13,000-square-foot food hall currently underway at Ellsworth Place shopping center in Silver Spring. 6 Skewers, The Champs Kitchen, Claude Have Mercy, Momo Hub, Nim Ali and Café Antigua by Nim Ali will join the food hall, which will feature 11 total stalls. Openings are scheduled to begin this summer. GBT Realty Corp. owns and operates Ellsworth Place, which totals 350,000 square feet. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Armory-Square_Prince-Frederick
DevelopmentGrocery-anchoredMarylandNews

MCB, Generation Properties Break Ground on 110,000-Square-Foot Shopping Center in Prince Frederick, Maryland

by Hayden Spiess

Prince Frederick, Md. — MCB Real Estate and Generation Properties have broken ground on Armory Square, a 110,000-square-foot shopping center located in Prince Frederick, roughly 44 miles southeast of Washington, D.C. The site is situated on 12.5 acres that once housed Calvert Middle School. Tenants at the center will include Aldi, Michaels, Sneade’s Ace Home Center, Dash-In, First Watch, Jersey Mike’s, Hangry Joe’s, Always Ice Cream, Foster’s Grille and Quickway Hibachi. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Crunch-Fitness_Centre-Hagerstown
LeasingMarylandNews

Continental Realty Corp. Signs Crunch Fitness to 30,973-Square-Foot Lease in Metro Washington, D.C.

by Katie Sloan

Hagerstown, Md. — Continental Realty Corp. (CRC) has signed Crunch Fitness to a 30,973-square-foot retail lease in Hagerstown, a suburb of Washington, D.C. The fitness concept will backfill a former Bed Bath & Beyond space at Centre at Hagerstown, a nearly 300,000-square-foot regional shopping center located at 17850 Garland Groh Blvd. The lease brings the occupancy rate of the shopping center to 97 percent. Melissa Sweeney of CRC, along with Matt Copeland and Michael Patz of KLNB Retail, represented the landlord in the lease deal. Ryan Wilner of KLNB Retail …

Continue Reading
0 FacebookTwitterLinkedinEmail
South-Lake-Marketplace_Bowie-Md
DevelopmentGrocery-anchoredMarylandMixed-useNews

NAI Michael Cos. to Develop 600,000-Square-Foot Mixed-Use Project in Bowie, Maryland

by Hayden Spiess

Bowie, Md. — NAI Michael Cos. will develop South Lake Marketplace, a 600,000-square-foot mixed-use project within the $1.3 billion South Lake development underway in Bowie. Karington LLC, an affiliate of NAI Michael Cos., owns South Lake, which also features residential units being developed by Chesapeake Realty Partners. A grocer will anchor the Marketplace property, which will also feature other retail, restaurant, sports entertainment and hospitality concepts. The development will be situated adjacent to Liberty Sports Park, which features 10 professional sports fields and attracts 344,000 tournament attendees annually, according to NAI …

Continue Reading
0 FacebookTwitterLinkedinEmail
LeasingMarylandNews

Sprouts Farmers Market to Open 24,942-Square-Foot Store in Metro Washington, D.C.

by Hayden Spiess

Waldorf, Md. — Sprouts Farmers Market will open a 24,942-square-foot store at The Shops at Waldorf Center, a 600,000-square-foot shopping center located in Waldorf, approximately 30 miles outside Washington, D.C. Scheduled to open in fall 2025, the store will be situated near DSW, CAVA, Five Below and Old Navy. Madison Marquette is the landlord of the property, which is managed by Avison Young. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Kenley-Village_Hagerstown-Md
Investment salesMarylandNews

Legacy Arranges Sale of 51,894-Square-Foot Shopping Center in Hagerstown, Maryland

by Hayden Spiess

Hagerstown, Md. — Legacy Realty Group Advisors has arranged the sale of Kenley Village, a 51,894-square-foot shopping center located in Hagerstown. Dollar General Market anchors the property, which was 66 percent occupied at the time of sale. Jacob Baruch, Jonah Warshaw and Ari Warshaw of Legacy represented both the buyer and seller in the transaction. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Arundel-Plaza_Glen-Burnie
FinanceMarylandNews

JLL Secures $22 Million Refinancing for Arundel Plaza Shopping Center in Metro Baltimore

by Hayden Spiess

Glen Burnie, Md. — JLL has secured a $22 million loan for the refinancing of Arundel Plaza, a 282,039-square-foot shopping center located in Glen Burnie, a southern suburb of Baltimore. Michael Klein, Jon Mikula, Evan Parker and John Cumming of JLL arranged the five-year, fixed-rate financing through a life insurance company on behalf of the Singapore-based borrower, United Hampshire U.S. REIT. Arundel Plaza was fully leased at the time of financing to tenants including Lowe’s Home Improvement, Giant Food, Jersey Mike’s, FedEx, Hook & Reel, Panda Express and Chipotle Mexican Grill. …

Continue Reading
0 FacebookTwitterLinkedinEmail
Kneads-Village-of-Cross-Keys_Baltimore
LeasingMarylandNewsRestaurants

Kneads to Open 1,302-Square-Foot Bakeshop in Baltimore

by Hayden Spiess

Baltimore — Kneads Bakeshop has signed a 1,302-square-foot lease to open a bakery and coffee shop within The Village of Cross Keys shopping center in Baltimore. Scheduled to open this fall, the store will be located in a new jewel box building, situated between Always Ice Cream Co. and a new Asian restaurant being opened by Atlas Restaurant Group. Caves Valley Partners is the landlord at the property, which recently underwent renovations. Two new restaurant pads are also currently underway at the center, with completion scheduled for later this year. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Slim-Chickens
ArkansasCompany newsDevelopmentMarylandNewsRestaurants

Slim Chickens Signs Franchise Deal for Seven Restaurants in Maryland

by Hayden Spiess

Fayetteville, Ark. — Arkansas-based Slim Chickens has signed a franchise deal for seven new restaurants in the state of Maryland. Franchisee DDR Holdings, a venture between Darrin and Dennis Atlas, will open the units. DDR Holdings currently owns and operates two Slim Chickens stores in the state. The Slim Chickens brand has opened in more than 255 locations across the U.S. and the U.K., with more than 1,200 stores currently in development. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts