Maryland

MCB Real Estate launches Science + Health Platform | Maryland Daily Record

Published

3 years ago

May 31, 2022

MCB Real Estate launches Science + Health Platform | Maryland Daily Record

Baltimore-based MCB Actual Property LLC has partnered with life sciences and well being care actual property government Wilkingson “Will” Germain to co-found MCB Science + Well being.

Germain, who will function CEO of the enterprise, might be centered on aggressively looking for acquisition and improvement alternatives within the life sciences, medical workplace and senior housing areas throughout the USA.

Wilkingson “Will” Germain, co-founder of MCB Science + Well being. (Submitted picture)

Germain joins MCB after 16 years with Ventas Inc., a number one actual property funding belief, the place he most lately centered on rising their life sciences, analysis, and innovation portfolio by greater than $4 billion and over 7 million sq. toes. Having been concerned in over $20 billion in transactions, Germain brings intensive expertise, lengthy standing trade relationships and a confirmed observe file of finishing healthcare actual property transactions.

Germain is charged with senior stage accountability for executing on the general technique of the MCB Science + Well being platform together with sourcing and originating funding alternatives, oversight of underwriting and due diligence, transaction structuring and execution, improvement venture administration, operations, and asset administration.

The platform’s senior workforce consists of Mark Furlan who will function Senior Vice President, Improvement & Leasing and Damian Donati who will function the senior vp of consumer relations.

With greater than 25 years creating healthcare tasks, Furlan has delivered greater than 60 tasks in markets throughout the USA. Working with suppliers, his experience ranges from website choice, improvement and development, leasing and property administration. He excels at using and constructing distinctive supply groups that guarantee tasks are designed successfully, inside finances and delivered well timed.

Mr. Donati will deal with consumer relations and enterprise improvement. With virtually 40 years of expertise solely centered on medical workplace and outpatient facility actual property, his various background consists of medical area planning, design, leasing, improvement and development of greater than 4.5 million sq. toes of medical buildings for well being programs and huge clinics in over 30 states.

The workforce is presently engaged on life sciences improvement tasks in extra of $250 million and is in design and development on medical workplace tasks exceeding $100 million. This consists of 82,000 sq. toes underneath development at MCB’s Yard 56 venture in Baltimore, Maryland and a 60,000 sq. foot deliberate improvement at Drexeline venture in suburban Philadelphia.

MCB Science + Well being might be headquartered in Chicago.

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Maryland

Macy's closing stores in Maryland and Virginia. Here’s the full list.

Published

6 hours ago

January 10, 2025

Press Room

Macy's closing stores in Maryland and Virginia. Here’s the full list.

WASHINGTON – Macy’s is closing more than 60 stores this year as part of a comprehensive strategy to revive its struggling business, the department store said, and several of them are in Maryland and Virginia.

In what the company refers to as its “Bold New Chapter” strategy, Macy’s said in a statement on Thursday that the closures are designed to “return the company to sustainable, profitable sales growth.”

Overall, Macy’s said it plans to close approximately 150 “underproductive stores” through 2026. Meanwhile, it will invest in 350 existing stores, with plans to add more salespeople to fitting areas and shoe departments, and adding more visual displays like mannequins.