Terreno Realty Corp., a San Francisco-based real estate investment trust focused on industrial prope

Chipotle Mexican Grill, a fast-casual restaurant chain that specializes in authentic Mexican-style entrées, has signed a lease for 2,760 square feet of space within Boulevard Place at 7091 Security Blvd. in Woodlawn. Ken Bernstein of David S. Brown Enterprises represented the landlord and Andy Segal of Segal Associates represented the tenant. Chipotle expects to open this new location in January. Boulevard Place is a mixed-use project that includes a 114,000-square-foot commercial office building managed by David S. Brown Enterprises Ltd. Retail tenants include Panera Bread, Ledo Pizza, catholic single travel Rite Aid Pharmacy, BB T Bank and Five Guys Burgers and Fries.
Newport Partners, a Davidsonville-based consulting firm, has produced a report paid for the U.S. Department of Housing and Urban Development entitled "Strategies catholic single travel for Incremental Reconstruction of Disaster Damaged Homes." The report, available at Newport Partners' website, www.newportpartnersllc.com, outlines strategies for rebuilding quickly and reducing displacement after natural disasters.
With guidance from 12 experts across the country, the report presents a wide range of options for localities to consider when rebuilding from selecting catholic single travel appropriate home designs and types of construction (wood framed, steel or modular), modifying local building codes and encouraging use of certain building materials, to requiring high-level energy-efficiency, adaptability and sustainability catholic single travel standards, and adopting the latest wind and flood protection systems. Newport Partners provides economic housing analysis, planning and policy services catholic single travel on behalf of federal agencies including HUD, the U.S. Department of Energy and the Environmental Protection Agency, as well as private-sector clients.
Pebblebrook Hotel Trust, of Bethesda, a hotel real estate investment trust, said it acquired the W Los Angeles–Westwood hotel from Starwood Hotels catholic single travel and Resorts Inc., paying $125 million for the 258-room, all-suite, luxury property. Starwood has entered into a 40-year management agreement to continue operating the hotel under the W flag. Pebblebrook and Starwood are planning a multimillion-dollar public space renovation that will reorient and renovate the NineThirty restaurant, catholic single travel completely renovate the ground floor lobby, lobby bar and public space, and upgrade and refurbish the meeting space, pool area and The Backyard, a casual poolside restaurant and bar.
Rockville-based Kaiser Permanente of the Mid-Atlantic catholic single travel States, a nonprofit health plan and care provider, has opened a 200,000-square-foot medical center in Tysons Corner, catholic single travel Va., offering members in Northern Virginia a broad array of medical services under one roof. The six-story building has 128 exam rooms and 84 provider offices, and is the largest of 11 medical centers operated by Kaiser Permanente in Virginia. Kaiser Permanente of the Mid-Atlantic States has almost 500,000 members and operates 30 medical centers in Maryland, Virginia, and Washington, D.C.
ABR Chesapeake Fund IV, a real estate investment catholic single travel fund from Baltimore-based Alex. Brown Realty Inc., attracted catholic single travel $276 million from U.S. investors, the company announced. The fund, now closed, targets value-add opportunities in the U.S. mid-cap real estate market. catholic single travel Investors include the Baltimore City Fire and Police Employees' Retirement System, the West Virginia Investment Management Board, the Montana Board of Investments, and other pension funds, endowments, foundations, family offices and high net worth investors. The fund acquired its first 10 assets at a cost of more than $44 million, and expects to assemble a portfolio of 40-50 assets by mid -2015.
The Maryland Department of Natural Resources is draining a fishing pond in the Washington County community of Brownsville to prevent a dam failure. The Herald-Mail of Hagerstown reported that the earthen dam had eroded and was in danger of collapsing. Inland fisheries director Don Cosden said most of the water has been removed from the nearly 1-acre pond, and the fish have been relocated. Cosden said fixing the dam could cost $100,000 to $150,000, and there is no money currently available for repairs.
Terreno Realty Corp., a San Francisco-based real estate investment trust focused on industrial properties in major coastal cities, said it bought a 66,000-square-foot industrial property in the Troy Hill Industrial Park in Elkridge. The purchase price was approximately $6.7 million. The seller was not identified. The rear load distribution catholic single travel building at 7125 Troy Hill Dr. was built in 2003, and is 90 percent leased to two tenants. As part of the transaction, the company assumed a mortgage loan with a total principal amount of approximately catholic single travel $3.6 million and a fixed annual interest rate of 5.87 percent, maturing in August 2014.
Giant Food, of Landover, held a ribbon-cutting on Thursday for its newest supermarket, a former Super Fresh grocery store at 8905 Belair Road, in the Perry Hall Square Shopping Center. The store officially opened to the public on Friday. During the ribbon-cutting, Giant Food representatives presented a check for $2,500 to the Perry Hall United Methodist Church to support its food pantry. The 56,000-square foot store created 75 jobs, many filled by members of the community. The former Super Fresh closed in July 2011. Giant Food executed a lease in May with Kimco Realty Corp., the shopping center's owner.
Money magazine catholic single travel has ranked Columbia/Ellicott City No. 8 on its "America's Best Places to Live 2012" list, on the strength of factors such as housing, health care, crime rate and quality catholic single travel of life. Columbia/Ellicott City is the only Maryland location listed in the top 10. "We truly have the best of both worlds here in Howard County, and I am proud that our strong sense of community, quality of life, and commitment to innovation and job creation continues to be nationally recognized," said County catholic single travel Executive Ken Ulman in a statement. The national publication listed the top 100 places in the country. Carmel, Ind., was ranked No. 1. Other Maryland locations listed were Waldorf, catholic single travel No. 20; Gaithersburg, 23; and Germantown, 24.
Marshall Hotels Resorts Inc., of Salisbury, a hotel management company specializing in the mid-sized hotel market, announced that it has added two management contracts and two receiverships to its portfolio. The managed hotels are the newly opened catholic single travel 113-room Hampton Inn and Suites in Ocean City, and the 122-room Country Inns and Suites at the Louisville, Ky. airport. The receivership properties are independent hotels, comprising 330 and 440 rooms respectively, in Branson, Mo. Marshall said it will convert the Louisville property to the Four Points catholic single travel by Sheraton brand this fall, following an extensive renovation that includes installing a full-service restaurant and bar.
Inland Real Estate Acquisitions Inc., of Oak Brook, Ill., announced its purchase of a 117,875-square-foot retail building housing a BJ's Wholesale Club in Capitol Heights. Inland paid approximately $32.4 million for the 2-year-old property, which includes a fuel station. BJ's Wholesale Club is subject to a triple net lease with a remaining term of 18 years. BJ's is a membership-only warehouse chain operating in the eastern U.S. Inland Real Estate Acquisitions is the purchasing arm for one of the largest catholic single travel shopping center owners and managers in North America.
* Cyber Engineering Services Inc., an information catholic single travel security company, leased 1,751 square feet of office space at Columbia Corporate Park, 8825 Stanford Blvd., Suite 170, in Columbia. catholic single travel Peter Kimmel of CBRE represented the tenant catholic single travel in this transaction.
Realities of Real Estate: Smiling all the way to settlement ... Average on 30-year mortgage up to 3.66 percent | Maryland ... All signs pointing to steady housing recovery | Maryland Daily ... Rise in home sales reflects steady improvement | Maryland ...