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High-End Residential Development Thriving in Maryland

Tue, 20 Nov 2018 15:19:46 Z

High end residential development is thriving throughout northern Prince George’s County. New projects, representing over 2,000 units, are underway at all points in the development process. Demand is keeping pace with development. Multifamily development has been a major force along Route 1 for years, especially with the development of student housing starting in 2011. The pace of construction reflects […]

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College Park is Development Hot Spot

Tue, 08 May 2018 13:55:53 Z

College Park is undergoing a rapid transformation. Many new restaurants, such as Burton’s Grill at Riverdale Park Station and Vigilante Coffee, have recently opened in the College Park Route 1 corridor. Additionally, new developments are planned for the area. The Clarion Inn on Route 1 sold to Lidl for redevelopment, and Bozzuto is to begin […]

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Office Demand Picks Up in 2017

Tue, 27 Mar 2018 14:59:33 Z

Office demand in the Washington DC market picked up over the course of 2017. Lease rates increased, and recent 5-year statistics show growth and stability in the market.  Suburban Maryland’s office demand is keeping pace throughout Prince George’s County, Montgomery County, and Anne Arundel County. These markets are all offering attractive lease rates and absorption.  […]

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Industrial Demand in 2017

Tue, 06 Mar 2018 15:00:39 Z

2017 saw a variety of industrial demand levels – investment sales reached new heights, while leasing slowed for the first time in three years. The Prince George’s County industrial market experienced an increase in vacancy, going up to 7.6% as opposed to last year’s 6.5%. However, there were two large Class A leases signed in […]

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Collington Lease to La-Z-Boy

Tue, 16 Jan 2018 16:09:52 Z

The 220,800-square-foot Collington lease was Prince George’s County’s largest lease in 2017. La-Z-Boy leased 220,800 square feet of industrial space at Collington Park in Upper Marlboro, MD. This is a full-building lease. It’s the largest industrial lease completed in Prince George’s County for all of 2017. Delivered in 2016, the building is located at 16101 Queens Court. […]

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