Corporate Office Properties Trust has sold off the last of its remaining assets in White Marsh for $47.5 million. The eight buildings total 412,000 square feet and are close to 95 percent leased, according to the Columbia-based real estate investment trust. The deals bring COPT’s total property sales for the year to $103 million. The eight White Marsh properties recently sold are located at 8110 Corporate Drive, 8140 Corporate Drive, 8010 Corporate Drive, 8020 Corporate Drive, 8094 Sandpiper Cir.,…
from https://www.bizjournals.com/baltimore/news/2017/07/31/copt-sellslast-of-its-white-marsh-properties-for.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/163646933117
Maryland’s first Rise Biscuits Donuts is coming to a York Road shopping center in Lutherville-Timonium this fall. The Southern, quick-serve breakfast and lunch joint will open in November and occupy 1,800 square feet of the new 16,000-square-foot retail hub at 1620 York Rd. Franchisees Fran Kirley, his son, Chris Kirley, and family friend, David Brindza, will own and operate the new Rise Biscuits Donuts. The Durham, North Carolina. chain specializes in sweet and savory breakfast and lunch options. Director…
Under Armour Inc.’s stock price rose nearly 4 percent Monday after an analyst said “too much fear and hate” has caused the sportswear maker to become priced incorrectly. Jefferies analyst Randal J. Konik reiterated his “buy” rating in a note published over the weekend and kept the stock price target for Under Armour at $28 per share. Shares of Baltimore-based Under Armour were up more than 3.8 percent in midday trading to $20.18, and reached an intra-day high of $20.80. The boost comes a day before…
Tech jobs accounted for 12.9 percent of all job openings posted in Baltimore through June of this year.
A Florida-based startup that specializes in helping people instantly pay off their traffic tickets — for less than the ticket is worth — is expanding to Baltimore. TIKD CEO Chris Riley’s reason for selecting the Baltimore metro area as one of his company’s first expansion sites will perhaps resonate with those who live in the area. “We looked at the beltway area because anywhere you go, you know there’s going to be a whole bunch of traffic. You have speed cameras all over, light cameras and…
Sales of the Alta47 townhomes in Locust Point are expected to begin in mid-August, just a few months after the development officially broke ground. The 47 townhomes, located on two city blocks at the corner of Towson and Beason streets, are being developed by Greenbelt-based Bozzuto Group and Baltimore-based War Horse Cities. Toby Bozzuto, the CEO of Bozzuto Group, said the townhouses will be made available in about three weeks, first to employees of Bozzuto and War Horse. After that, current residents…
Staples Inc. is considering a spin off its 1,500 retail stores to longtime rival Office Depot. Unnamed sources told the New York Post that the Massachusetts-based retailer is looking to get rid of its brick-and-mortar stores and concentrate solely on selling office supplies to mid-size and big corporate clients online. Sycamore Partners — the private equity firm that agreed to takeover Staples for $6.9 billion last month— is in favor of the plan, the report continued. There are more than 10…
It has taken eight years, but a renewable energy park is at last on the way in Annapolis. The 16.8 megawatt solar energy facility, the Annapolis Renewable Energy Park, is set to be built on 80 acres of a closed landfill near Interstate 97, Route 450 and Crownsville Road in Anne Arundel County. When completed, it will be the largest non-federal solar project on a closed landfill the U.S., according to the U.S. Environmental Protection Agency. The park will have 54,000 solar panels and is expected…
Discovery Communications Inc. has reached a deal to acquire the owner of HGTV and Travel Channel. The Silver Spring-based company announced Monday morning that it would acquire Scripps Networks Interactive Inc. in a cash-and-stock deal valued at $14.6 billion. The deal is expected to close early next year. The combined company will have a nearly 20 percent share of ad-supported pay-TV audiences in the United States, according to Discovery. Discovery beat out New York-based Viacom Inc. in the competition…