January 26, 2012 – (RealEstateRama) — Montgomery County Executive Ike Leggett today joined representatives of the County’s agriculture industry, County Council, Department of Economic Development (DED) and other invited industry and business guests to announce the Building Lot Termination (BLT) preservation easement acquisition of the 200-acre W. Drew Stabler/Sunny Ridge Farm, the Stabler family’s home farm in the Laytonsville/Damascus area. The BLT easement acquisition represents the first of three such anticipated easements to be settled under this fledgling program. more »

Cambridge, MD – January 25, 2012 – (RealEstateRama) — Henry H. Hanna, CCIM, SIOR, National Director of Industrial Property, with Sperry Van Ness-Miller Commercial Real Estate in Salisbury, MD is pleased to announce the sale of 828 Fieldcrest Drive, Cambridge, Maryland. This flex industrial building was formerly home to ABC Supply Company. This sale was a joint effort with the Economic Development Divisions of the State of Maryland, Dorchester County and Cambridge, Md. more »

January 24, 2012 – (RealEstateRama) — The Montgomery County Department of Housing and Community Affairs (DHCA) invites housing providers, realtors, property managers, businesses, banks, credit unions, government agencies, community organizations and nonprofits to register as housing fair sponsors and exhibitors at the 12th Annual Montgomery County Housing Fair and Financial Fitness Day. The fair will take place on Saturday, April 28, from 10 a.m. to 3 p.m. at the Bohrer Park Activity Center, Summit Hall Farm, 506 S. Frederick Ave., Gaithersburg. more »

January 23, 2012 – (RealEstateRama) — Montgomery County Executive Isiah Leggett today announced a major cross-agency effort to further streamline County government operations. This latest initiative will make meaningful changes to the development application process by streamlining reviews and inspections. As an initial streamlining step, the County is consolidating construction inspections currently being done by the Department of Permitting Services (DPS) and Montgomery County Fire and Rescue Services (MCFRS). The Montgomery County Planning Board (MCPB) is kicking off this effort with a change to the way in which it reviews DPS issued building permits. All three agencies, along with others, have committed to collaborate to make their customer service more business-friendly, and make it easier to navigate the development process and obtain building permits. more »

Baltimore, MD – January 20, 2012 – (RealEstateRama) — Cushman & Wakefield today announced that Northrop Grumman Systems Corporation, a leading global security company, has leased a 54,626-square-foot space at Windsor Station, 2810 Lord Baltimore Dr. in Baltimore. more »

Baltimore, MD – January 19, 2012 – (RealEstateRama) — Cushman & Wakefield today announced that Tecore Networks has purchased a 48,000-square-foot office building at 7030 Hi Tech Drive in Hanover.

This transaction follows the September sale of 7010 Hi Tech Drive, a 40,000-square-foot building, to Alliance Technology Group, LLC. Cushman & Wakefield senior director Hayes Merkert, SIOR represented the buyers in both transactions. Bo Cashman and Jonathan Beard with CBRE represented the seller of both buildings, Redus New Hampshire, LLC. more »

EUGENE, OR – January 17, 2012 – (RealEstateRama) — Long & Foster Realty Broker Joyce Yu has collaborated with IDX, Inc. to deliver potential buyers a dynamic and simplified real estate resource. Searching for a home has never been easier for New Jersey home seekers, as the Metropolitan Regional Info System MLS (MRIS) listings are now seamlessly integrated onto the search page Yu hosts, giving buyers thousands of options to consider in their real estate search. more »

Contracting Firm Signs Long-Term Leases at Two Different Metro Baltimore Locations

BALTIMORE COUNTY, MD – January 17, 2012 – (RealEstateRama) — Commercial real estate services firm Cushman & Wakefield, Inc. has negotiated two lease renewals totaling 34,724 square feet on behalf of STV in metro Baltimore. STV was represented in the signings by Hayes Merkert of Cushman & Wakefield’s Baltimore office and Walter Schoenberg of the firm’s East Rutherford, N.J. office, who represents STV nationally. more »

January 16, 2012 – (RealEstateRama) — County Executive Ike Leggett today announced that Montgomery County has forged an agreement with the Clarksburg Development Team of David Flanagan, Bernard Rafferty and Donald Knutson, that will allow Clarksburg to move forward by funding the completion of major roads there, and assure that developers will hold Clarksburg property owners harmless for tens of thousands of dollars in fees they had been obligated to pay under Clarksburg Development District agreements. more »

Baltimore, MD – January 10, 2012 – (RealEstateRama) — Softland International has signed a lease for 16,000 square feet at 7120 Ambassador Rd, Windsor Mill, MD in the Rutherford Business Center.

Cushman & Wakefield leasing agent Kyle Durkee represented the tenant in this transaction. Richie Blue and Paul Obrecht, III of Blue & Obrecht, represented the landlord, First Industrial Realty Trust. more »

BALTIMORE, MD – January 5, 2012 – (RealEstateRama) — Attorney General Douglas F. Gansler announced today that his Consumer Protection Division has entered into an agreement with Wells Fargo over the allegedly deceptive marketing of adjustable rate mortgages written by Wachovia and Golden West Financial, companies that Wells Fargo acquired in 2008. In addition to loan modifications for certain consumers, Wells Fargo has agreed to pay $940,056 to the Office of the Attorney General for restitution to “Pick-a-Payment” borrowers who lost their homes in foreclosure. more »

Baltimore, MD – January 3, 2012 – (RealEstateRama) — Cushman & Wakefield has arranged the $16.25 million sale of White Marsh Commerce Center, comprised of an existing 218,532 square foot, Class A industrial building and a 13 acre development site which can accommodate an additional building of up to 220,000 square feet. The property, 100 percent leased at the time of sale, was acquired by Industrial Income Trust from Corporate Office Properties Trust. more »

Retailer takes warehousing/distribution space in suburban Maryland

BELCAMP, MD – December 29, 2011 – (RealEstateRama) — Sephora has signed an industrial lease for 70,133 square feet at 4611 Mercedes Drive within Riverside Business Park in Belcamp, Md. more »

December 19, 2011 – (RealEstateRama) — Managers of buildings and properties in Montgomery County or building staff who reside in the County are encouraged to sign up for an energy management training program that will help them reduce the operating costs of the facilities they oversee. The training program is offered by Montgomery County and is funded through the American Recovery and Reinvestment Act (ARRA). Reducing energy use in buildings and properties is a key objective of the County’s goals to promote more sustainable practices and reduce County-wide greenhouse gas emissions by 80 percent by 2050. more »

November 22, 2011 – (RealEstateRama) — Montgomery County’s Department of Housing and Community Affairs (DHCA) is sponsoring two public meetings to hear from residents and organizations interested in contributing to the update of the 2001 Housing Policy, “Montgomery County – The Place to Call Home.” The meetings will be held on Wednesday, November 30 from 1 to 3 p.m. and on Thursday, December 1, from 7 to 9 p.m., in the first floor auditorium at the Council Office Building, located at 100 Maryland Avenue in Rockville. more »