Connect with us

Maryland

Federal Realty Buys Maryland Retail Plaza for $187M

Published

on

Federal Realty Buys Maryland Retail Plaza for 7M


One of the nation’s oldest real estate investment trusts has acquired an open-air retail plaza in eastern Maryland, the latest firm to snag a substantial property amid the retail’s resurgence. 

North Bethesda, Md.-based Federal Realty Investment Trust, founded in 1962, has paid $187 million for the retail portion of the mixed-use Annapolis Town Center, a 480,000-square-foot shopping center in Annapolis. PGIM Real Estate sold the complex, which is anchored by Whole Foods alongside fellow tenants such as Anthropologie, Sephora, Restoration Hardware, and Williams Sonoma.

SEE ALSO: SL Green Buying Blackstone’s Park Avenue Tower for $730M: Sources

“This is exactly the kind of opportunity we target: a dominant asset with strong fundamentals, competitive positioning, and the potential to unlock further value under our ownership,” Don Wood, Federal Realty president and CEO, said in a statement. 

Advertisement

Federal Realty’s new property is just a portion of the 2 million-square-foot Annapolis Town Center, developed in 2008 at 1906 Towne Centre Boulevard by Greenberg Gibbons. PGIM acquired the mixed-use complex in 2018, though earlier this year it opted to sell the property’s multifamily component — two buildings totaling more than 400 units — to Peterson Companies for $160 million.

Federal Realty joins other investment firms acquiring Maryland malls in the past 12 months, though under widely varying circumstances. 

In November, Spinoso Real Estate Group paid $190 million for the 1.2 million-square-foot White Marsh Mall near Baltimore. Spinoso had been the mall’s court-appointed receiver for about a year at the time, owing to financial distress from former owner Brookfield

European mall giant Unibail-Rodamco-Westfield (URW) meanwhile has faced its own distress with Westfield Wheaton, a 1.7 million-square-foot plaza on the northern outskirts of Washington, D.C. The mall was transferred to special servicing in April after URW failed to meet its March debt maturity, and the company has reportedly opted to sell following a meager $166 million appraisal in August, Bisnow reported at the time

Nick Trombola can be reached at ntrombola@commercialobserver.com.

Advertisement



Source link

Maryland

Man killed, another injured in shooting at Maryland house party, described as

Published

on

Man killed, another injured in shooting at Maryland house party, described as



A man died, and another was seriously injured, after a shooting at a Maryland house party attended by about 100 people, shortly after midnight on Sunday, according to the Harford County Sheriff’s Office. 

Deputies responded to what they called “a chaotic scene” in the 2300 block of Willow Vale Drive in Fallston, in Harford County. 

A 34-year-old man, found with multiple gunshot wounds, was taken by air to a trauma center in critical condition. A 23-year-old man died after he was taken to the hospital by others who attended the party.

Advertisement

The Harford County Sheriff’s Office is seeking witnesses who can provide information about the shooting.

Deputies said the shooting appears to be isolated to people who were attending the party. 

Anyone with information is asked to call Detective Thumma at 443-567-7201.



Source link

Advertisement
Continue Reading

Maryland

BGE working to restore power to over 40,000 customers after July 4th storms move through central Maryland

Published

on

BGE working to restore power to over 40,000 customers after July 4th storms move through central Maryland


Crews with Baltimore Gas and Electric are working to restore power to more than 40,000 customers who were impacted by severe storms during the holiday weekend.

Severe thunderstorms moved through central Maryland during the evening of July 4th, initially impacting more than 80,000 customers.

BGE says crews were prepared and immediately began working to restore power across the region.

Some of the outages required damaged utility poles to be replaced before power can be restored, according to BGE.

Advertisement

WMAR-2 News’ Jack Watson captured photos of storm damage in the Pikesville area.

Jack Watson/WMAR

Pikesville storm damage.jpeg

Jack Watson/WMAR

As of 10:21 a.m., BGE is reporting 1,459 active outages impacting 49,138 customers.

BGE is estimating that 80% of customers who are without power will be restored by Monday at 6 p.m., with the vast majority estimated to be restored by 11 p.m. on Tuesday.

Advertisement

Light rail service from Patapsco to Cromwell and BWI Airport remains suspended due to power outages sustained Saturday night.

The Maryland Department of Transportation Maryland Transit Administration says a bus bridge is in place to accommodate passengers.

To report fallen electrical lines and outages, call BGE at 877-778-2222.





Source link

Advertisement
Continue Reading

Maryland

Maryland Lottery Powerball, Pick 3 results for July 4, 2026

Published

on

Maryland Lottery Powerball, Pick 3 results for July 4, 2026


play

The Maryland Lottery offers several draw games for those aiming to win big.

Advertisement

Here’s a look at July 4, 2026, results for each game:

Winning Powerball numbers from July 4 drawing

17-38-46-50-69, Powerball: 20, Power Play: 2

Check Powerball payouts and previous drawings here.

Winning Pick 3 numbers from July 4 drawing

Midday: 9-0-1

Evening: 7-6-1

Advertisement

Check Pick 3 payouts and previous drawings here.

Winning Pick 4 numbers from July 4 drawing

Midday: 3-6-4-0

Evening: 7-9-6-1

Check Pick 4 payouts and previous drawings here.

Winning Pick 5 numbers from July 4 drawing

Midday: 2-8-1-1-8

Advertisement

Evening: 9-4-8-2-2

Check Pick 5 payouts and previous drawings here.

Winning Cash Pop numbers from July 4 drawing

9 a.m.: 07

1 p.m.: 04

6 p.m.: 05

Advertisement

11 p.m.: 02

Check Cash Pop payouts and previous drawings here.

Winning Bonus Match 5 numbers from July 4 drawing

06-15-21-26-39, Bonus: 13

Check Bonus Match 5 payouts and previous drawings here.

Winning Powerball Double Play numbers from July 4 drawing

04-19-24-25-41, Powerball: 09

Advertisement

Check Powerball Double Play payouts and previous drawings here.

Keno

Drawings are held every four minutes. Check winning numbers here.

Feeling lucky? Explore the latest lottery news & results

Are you a winner? Here’s how to claim your lottery prize

Maryland Lottery retailers will redeem prizes up to $600. For prizes above $600, winners can claim by mail or in person from the Maryland Lottery office, an Expanded Cashing Authority Program location or cashiers’ windows at Maryland casinos. Prizes over $5,000 must be claimed in person.

Claiming by Mail

Sign your winning ticket and complete a claim form. Include a photocopy of a valid government-issued ID and a copy of a document that shows proof of your Social Security number or Federal Tax ID number. Mail these to:

Advertisement

Maryland Lottery Customer Resource Center

1800 Washington Boulevard

Suite 330

Baltimore, MD 21230

For prizes over $600, bring your signed ticket, a government-issued photo ID, and proof of your Social Security or Federal Tax ID number to Maryland Lottery headquarters, 1800 Washington Boulevard, Baltimore, MD. Claims are by appointment only, Monday through Friday from 8:30 a.m. to 4:30 p.m. This location handles all prize amounts, including prizes over $5,000.

Advertisement

Winning Tickets Worth $25,000 or Less

Maryland Lottery headquarters and select Maryland casinos can redeem winning tickets valued up to $25,000. Note that casinos cannot cash prizes over $600 for non-resident and resident aliens (tax ID beginning with “9”). You must be at least 21 years of age to enter a Maryland casino. Locations include:

  • Horseshoe Casino: 1525 Russell Street, Baltimore, MD
  • MGM National Harbor: 101 MGM National Avenue, Oxon Hill, MD
  • Live! Casino: 7002 Arundel Mills Circle, Hanover, MD
  • Ocean Downs Casino: 10218 Racetrack Road, Berlin, MD
  • Hollywood Casino: 1201 Chesapeake Overlook Parkway, Perryville, MD
  • Rocky Gap Casino: 16701 Lakeview Road NE, Flintstone, MD

Check previous winning numbers and payouts at Maryland Lottery.

When are the Maryland Lottery drawings held?

  • Powerball: 11 p.m. ET Monday, Wednesday and Saturday.
  • Mega Millions: 11 p.m. ET Tuesday and Friday.
  • Pick 3, Pick 4 and Pick 5 Midday: 12:27 p.m. ET Monday through Friday, 12:28 p.m. ET Saturday and Sunday.
  • Pick 3, 4 and 5 Evening: 7:56 p.m. ET Monday through Saturday, 8:10 p.m. ET on Sunday.
  • Cash4Life: 9 p.m. ET daily.
  • Cash Pop: 9 a.m., 1 p.m., 6 p.m. and 11 p.m. daily.
  • Bonus Match 5: 7:56 p.m. ET Monday through Saturday, 8:10 p.m. ET on Sunday.
  • MultiMatch: 7:56 p.m. Monday and Thursday.
  • Powerball Double Play: 11 p.m. Monday, Wednesday and Saturday.

This results page was generated automatically using information from TinBu and a template written and reviewed by a Maryland editor. You can send feedback using this form.



Source link

Continue Reading
Advertisement

Trending