Continental Realty Corporation acquires a 14-property retail portfolio totaling 2 million square feet, while MacKenzie Commercial Real Estate Services lands the brokerage contract for Cambridge Harbor.
Continental Realty Corporation has finalized the acquisition of a 14-property retail portfolio comprising over 2 million square feet from US Properties Group, with CBRE acting as the representative for the seller. Meanwhile, MacKenzie Commercial Real Estate Services has been appointed as the exclusive brokerage firm for the Cambridge Harbor waterfront project to spearhead leasing and development efforts.
In regional activity, Solar Gaines secured a 15,036-square-foot lease with St. John Properties at 4 North Park Drive in Hunt Valley. Additionally, BNR Innovations, a Cold Stone Creamery franchise operator, signed a lease with Hill Management Services to establish a new location at Westview Promenade in Frederick.
A proposed mixed-use development at Pearl Street and Montgomery Avenue in downtown Bethesda would deliver 590 apartments, retail space, and public gathering areas across a 3.8-acre site.
WinnDevelopment and partners break ground on The Residences at Belvedere Place, a $28M mixed-use project in Baltimore featuring 83 affordable apartments and 8,442 SF of retail.
Developers have submitted a design proposal for a narrow mixed-use building located on an end-of-block site in Downtown Bethesda.
SRS Real Estate Partners sells the 22,425-square-foot Waldorf Park retail center in Waldorf, Maryland, for $10.825 million.
Gould Property Co. and Konterra Realty have broken ground on the first phase of the 1,400-acre Konterra Town Center East project in Prince George’s County, featuring 220 townhomes and 500 apartment units.
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