Connect with us

Maryland

Lee & Associates Expands Maryland Office

Published

on

Lee & Associates Expands Maryland Office


The Maryland division of Lee & Associates is expanding its office in Columbia, just as it celebrates its 10th anniversary. 

The commercial brokerage renewed and expanded its lease at 8840 Stanford Boulevard from 3,386 square feet to 4,800 square feet, to house 15 full-time brokerage professionals, property management staff and the marketing and administrative team.

The 94,164-square-foot building is part of Columbia Corporate Park 2, which consists of five Class A office buildings totaling 482,936 square feet. Landlord Merritt Properties acquired the 20-acre site in 1999 for $3.8 million from the University of Maryland system and developed the $50 million corporate park.

Lee & Associates plans to expand further within the D.C. region, according to Allan Riorda, president and principal of Lee & Associates-Maryland. 

Advertisement

“We aim to have at least three additional offices in Northern Virginia and Maryland,” Riorda told CO in an email. “We intend to accomplish this in partnership with our sister office in Washington, D.C., and by adding fresh talent in all real estate disciplines including retail, multifamily and investment sales.”

With many companies downsizing, allowing remote or hybrid work situations or closing their offices entirely to revert to a virtual environment, Lee & Associates felt it was extremely important to “double down on the importance of an in-person option for the team,” according to Riorda. 

“Our team knows that there is no replacement for collaborating in person to creatively exchange or brainstorm ideas and problem-solve,” he said. “Understanding that our brokerage professionals and clients work out of the office frequently, we intend to add small ‘executive touchdown spaces’ that provide laptop connectivity for anyone who needs a touchdown spot.”

JLL (JLL) represented the landlord in the lease, while Lee & Associates’ Bill Harrison and Ben Brooks represented the brokerage in its expansion.

Keith Loria can be reached at Kloria@commercialobserver.com.

Advertisement



Source link

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Maryland

Maryland Weather: ALERT DAY Sweltering heat through Saturday

Published

on

Maryland Weather: ALERT DAY Sweltering heat through Saturday


BALTIMORE — Prepare for another scorcher Saturday with highs soaring into the upper 90s. The heat index reaches 100° to 106°.

Our WJZ First Alert Weather Team continues our ALERT DAY for dangerous heat through Saturday evening. Some areas across Maryland felt as hot as 111° Friday afternoon with excessive heat warnings in place for southern Maryland and heat advisories in and around the Baltimore metro area. High temperatures Friday afternoon soared into the upper 90s. 

Tonight’s low temperatures will only dip into the lower 80s. 

Advertisement

This type of heat is dangerous for everyone if heat precautions aren’t taken. Please make sure to stay well hydrated, take long breaks in air conditioning, wear loose, light weight and colored clothing, and make sure your neighbors, the elderly, and your pets are safe in the heat. We all have to get through this together, so, kindness goes a long way.

Isolated thunderstorms are possible late this evening into the early overnight hours. These storms will not be widespread, so most places will see no relief from the heat. Saturday will be another tough day of heat and humidity with highs in the upper 90s and the heat index in the 100s. Isolated strong storms will be possible east of I-95, especially during the afternoon & evening. Any storm could have damaging winds and heavy downpours. Right now, storm coverage is expected to stay fairly isolated. 

Sunday stays very hot with highs climbing into the middle 90s, but humidity levels drop providing some relief from the extreme and dangerous conditions. Feels like temperatures still will top out in the upper 90s under plenty of sunshine. Sunday’s weather stays dry the entire day. 

Monday the humidity quickly climbs higher. The humidity combined with high temperatures well into the 90s means we will endure feels like temperatures in the low 100s. Other than a stray shower or thunderstorm, Monday looks dry.

Tuesday features tropical humidity and heat with highs in the lower 90s, but feels like temperatures soar to at least 100°, if not higher. Scattered thunderstorms will form on Tuesday afternoon and evening, cooling some lucky neighborhoods off that receive them. Scattered thunderstorms will be around Wednesday through Friday of next week, which will help keep high temperatures in the upper 80s to near 90. However with all of the tropical humidity, the heat index still will top out in the mid to upper 90s. 

Advertisement

Most of Maryland is experiencing a rapidly worsening drought, so the storms mid to late next week are welcome and much needed.

Have a safe week and please stay cool! 





Source link

Advertisement
Continue Reading

Maryland

A Maryland community shaken by gun violence on Independence Day and more top stories…

Published

on

A Maryland community shaken by gun violence on Independence Day and more top stories…


A Maryland community shaken by gun violence on Independence Day and more top stories… – CBS Baltimore

Watch CBS News


Your Friday afternoon news round up | July 5

Advertisement

Be the first to know

Get browser notifications for breaking news, live events, and exclusive reporting.




Source link

Advertisement
Continue Reading

Maryland

Dangerous heat Friday and Saturday in Maryland, Weather Alert Days declared

Published

on

Dangerous heat Friday and Saturday in Maryland, Weather Alert Days declared


Dangerous heat Friday and Saturday in Maryland, Weather Alert Days declared – CBS Baltimore

Watch CBS News


Your second heat wave of the season will be long and intense. ALERT DAYS have been issued today & Saturday.

Advertisement

Be the first to know

Get browser notifications for breaking news, live events, and exclusive reporting.




Source link

Advertisement
Continue Reading
Advertisement

Trending