July 31, 2019 East Baltimore, MD warehouse sells for $7.8 million Source: Melody Simmons, Baltimore Business Journal A 200,000-square-foot warehouse in East Baltimore has sold for $7.8 million. The property was purchased by SK Realty Management, an investment firm based in New York. The property is located a few miles from the Port …
July 18, 2019 Food distribution warehouse breaks ground in Jessup, MD Source: Melody Simmons, Baltimore Business Journal The North Atlantic Fish Co. is building a new 70,000-square-foot warehouse in Jessup. The facility is expected to create 50 jobs, which will bring North Atlantic’s workforce in the industrial hub up to 275 employees. …
June 27, 2019 Developer says stalled Baltimore, MD project will still move forward Source: Melody Simmons, Baltimore Business Journal The Hendler Creamery development in the Jonestown neighborhood of Baltimore has stalled, but according to the developer the project will still move ahead. Once completed, the $75 million project will include nearly 300 …
June 10, 2019 Warehouse real estate market in Baltimore-Washington area posts $600 million in sales in only 6 months Source: Melody Simmons, Baltimore Business Journal According to data from Cushman & Wakefield’s Baltimore office, the industrial sector of the Baltimore-Washington real estate market has posted $600 million in sales so far this year. The …
May 15, 2019 Construction begins on $600 million Port Covington re-development Source: Melody Simmons, Baltimore Business Journal Weller Development has broken ground on the 235-acre re-development of Port Convington in South Baltimore. Workers have begun construction of five new buildings for the first phase of the project. The five Rye Street Market buildings …
April 16, 2019 Plans for Port Covington development unveiled to Baltimore city planners Source: Melody Simmons, Baltimore Business Journal Developers have unveiled their latest plans for the 235-acre Port Convington development to a Baltimore city design panel. Port Covington is a development that was conceived by Under Armour CEO Kevin Plank in …
March 27, 2019 Amazon to expand its distribution hub in Baltimore, MD Source: Melody Simmons, Baltimore Business Journal Source: Ryan Sharrow, Baltimore Business Journal Amazon is leasing a 248,000-square-foot warehouse space in southeast Baltimore’s Port 95 Industrial Park. The move will expand Amazon’s Baltimore distribution hub. Amazon will share the warehouse complex with Johns …
March 22, 2019 Maryland General Assembly approves $15 per hour minimum wage Source: Pamela Wood, The Baltimore Sun Despite testimony last month from business owners and trade associations opposing the move, Maryland is proceeding with raising the state’s minimum wage from $10.10 to $15 per hour. The bill will now go to Governor …
March 12, 2019 $150 million mixed-use development coming to downtown Rockville, MD Source: Katishi Maake, Baltimore Business Journal An 18-story mixed-use development is coming to a 1.5-acre site at the corner of Middle Lane and Monroe Street in downtown Rockville, MD. The project is a joint venture between Duball LLC and Daiwa House …
March 1, 2019 McCormick overtakes Under Armour as Greater Baltimore area’s biggest employer Source: Holden Wilen, Baltimore Business Journal Due to a two-year slowdown in sales, Under Armour Inc. seems likely to fall to being the third-largest public company in the Greater Baltimore area, behind McCormick & Co. Inc. and T. Rowe Price Group …
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