NEWS & NOTABLES
WASHINGTON, DC–Rockefeller Group has hired Hilary Allard Goldfarb as SVP and Regional Development Officer, who will be based in the firm's recently established Washington DC office. Goldfarb will lead the company's Mid-Atlantic region, sourcing multifamily, office and mixed-use projects. Goldfarb was previously a SVP with Bozzuto Development Co. and prior to that she was Development Director at ProMark Real Estate.
BALTIMORE, MD–Clark MacKenzie, Gary Gill and Bob Aumiller of The MacKenzie Cos. have been named co-recipients of the 2018 NAIOP Maryland “Lifetime Achievement Award” and will be honored at the commercial real estate organization's bi-annual Awards of Excellence Gala this spring. NAIOP Maryland is comprised of more than 400 professionals working for real estate development companies, brokerage firms and affiliated organizations.
DEAL TRACKER
ALEXANDRIA, VA–MRP Realty has acquired the Windsor at Arbors, a 400-unit multifamily property that was sold by GID Real Estate Investments. Walker & Dunlop's Chris Doerr and Will Harvey represented the seller in the transaction and the company's capital markets group, led by Jamie Butler and Brendan Coleman, arranged the financing. The property was built in 1991 and had been under the same ownership for over 20 years.
PARKVILLE, MD–Neuman Commercial Group has arranged the sale of Joppa Center, a 14,000-square foot, single-story commercial property here for $2.675 million. It has been continuously 100% leased since construction to its two original tenants – Active Day|Senior Care and the early childhood Celebree Learning Center. Neuman Commercial Group, led by Gil Neuman, represented the seller, Heritage Properties, and procured the buyer, a private investment group.
FREDERICK, MD–Wilcoxon Sensing Technologies has signed a lease with St. John Properties for 45,120 square feet within Riverside Technology Park, a 44-acre business community. The manufacturer plans to relocate its equipment facility along with approximately 100 employees from Germantown in Montgomery County this fall. Ken Breen of
Clagett Enterprises represented the tenant and Danny Severn and Danny Foit of St. John Properties represented the landlord in this transaction.
WASHINGTON, DC–West, Lane & Schlager Realty Advisors announced a new and expanded lease for Food & Water Watch at 1616 P St, NW: the organization has expanded to 18,583 square feet. “Food & Water Watch considered a number of other buildings in Washington but we were able to negotiate a very favorable buildout allowance and rent concessions, and they decided to remain at 1616 P St. in newly renovated space,” added Eric West, principal at West, Lane & Schlager.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
