St. John Properties, Inc., has announced its intentions to speculatively develop 26 buildings, totaling more than one million square feet of commercial space across its national portfolio in 2023. This […]
Real Estate
Posted inReal Estate
HCAR releases 2022 housing report, forecast
The Howard County housing market saw a 21.1 percent decrease in home sales last year, according to the Howard County Association of REALTORS, which recently released its 2022 Housing Report […]
Posted inBusiness News
SJC announces partial tenant lineup for Beacon Square
Eleven new tenants have signed leases in Annapolis at the new Beacon Square mixed-use project. SJC Ventures, a privately held, mixed-use commercial real estate and retail development firm that is […]
Posted inHoward County
Lee & Associates: Columbia commercial vacancy drops to 12.5%
Comparing year-over-year data as reported by Lee & Associates | Maryland, the occupancy rate for commercial office space in the greater Columbia submarket declined one percentage point from 13.5 percent […]
Posted inReal Estate
A retrospective of 3 decades of Central Maryland development
For more recent residents of the area, using the mind’s eye to imagine the landscape between Anne Arundel and Howard counties in March 1993 the month and year The Business […]
Posted inReal Estate
Md. awards more than $65M to offset rising construction costs
To expand funding for projects with a high public purpose, the Maryland Department of Housing and Community Development has awarded more than $65 million to 27 affordable housing projects. The […]
Posted inBusiness News
COPT forms joint ventures with Blackstone
Columbia-based Corporate Office Properties Trust has formed two joint ventures with entities affiliated with Blackstone Real Estate. The joint ventures acquired a 90% interest in five single-tenant, data center shell […]
Posted inReal Estate
Maryland property values rise in 3-year assessments
The value of a group of Maryland residential and commercial properties increased by more than 20% over three years, the state Department of Assessments and Taxation announced. SDAT reassesses more […]
Posted inHoward County
Redevelopment plans progressing in Downtown Columbia, Gateway
While development in Downtown Columbia’s Merriweather District is progressing, the county’s general plan update is set to have an impact on redevelopment in Columbia’s “final frontier,” Columbia Gateway Business Park.
Posted inReal Estate
Columbia bucks national trend with office leases
While there has been a nationwide decline in office leasing, Downtown Columbia has seen a steady demand for space throughout 2022. The Howard Hughes Corp. announced the total amount of […]