Transwestern appointed 35-year industry expert Tom Burns as its new senior vice president. He previously held the title of senior director with Cushman & Wakefield. Burns, who will be based at Transwestern's Columbia, MD, office, specializes in the leasing and selling of commercial real estate both internationally and nationally. His background includes serving investors and developers throughout the Baltimore/Washington metro area. From 1989...

SK Realty Management, a New York investment group, acquired four warehouses in Maryland and New Jersey from ProLogis for $52.5 million or $55 per square foot. The four industrial buildings total 950,868 square feet. Nearly 800,000 square feet is in the Baltimore area and 181,370 square feet is in New Jersey. The warehouses can be found along the Interstate 95 corridor and are in the Baltimore County East Industrial submarket, Aberdeen Industrial...

In The Pipeline is a column on significant acquisitions of commercial land for sale, and other transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers. Send us news leads about your new commercial real estate project -- and sign up to be added to our distribution list to receive future In the Pipeline columns by e-mail. ACC Begins Student Housing Project at Drexel University American...

This week's People of Note includes the following markets: Chicago, Dallas/Fort Worth, Los Angeles, Milwaukee/Madison, New York City, Philadelphia, Pittsburgh, South Florida, Washington, DC. LOS ANGELES Cockrum Joins Lowe Enterprises Investors as SVP By Laurie Forbes Lowe Enterprises Investors hired William M. Cockrum IV as senior vice president to head the company?s marketing and capital raising efforts. He will be based in th

GREEN LEAD is a column on environmental and sustainable design and construction, best practices for green building maintenance and operations, economic impact on developers and owners, new LEED and Energy Star building certifications, and trends in the Green Building movement. Send in your Green News Leads to news@costar.com Latest Research on Green Real Estate Now Available

A two-week period of exclusive negotiations between Grubb & Ellis Co. and New York-based financial brokerage BGC Partners expired Tuesday without an agreement, according to a document filed with the U.S. Securities and Exchange Commission. Under the previous agreement, Grubb & Ellis provided an exclusive right to negotiate for BGC Partners, headed by chief executive Howard Ludnick, to pursue a debt or equity financing agreement or acquisition of...

Jarvis Steel & Lumber Co. Inc. sold the Woodsdale Apartments at 102 Waldon Road in Abingdon, MD, to Apartment Services Inc. for $44.04 million or $96,579 per unit. The 456-unit, 455,556-square-foot multifamily building was built in 1970 and is in the outlying Harford County submarket. There were no brokers involved on the buyer's side. Allen Manesh of Ideal Realty Group represented the seller. Please refer to CoStar COMPS #2241616 for...

Rommel Nursery Road LLC acquired the former Thyssen Krupp Elevator building at 601 Nursery Road in Linthicum, MD, from Howard Bancorp Inc. for $3.2 million or $73 per square foot. The one-story, 43,655 square-foot, Class C industrial building was built in 1962 and is in the BWI North/Linthicum Industrial submarket. Rommel Engineering & Construction is currently renovating the property to suit its business needs as the company will relocate...

In The Pipeline is a column on significant acquisitions of commercial land for sale, and other transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers. Send us news leads about your new commercial real estate project -- and sign up to be added to our distribution list to receive future In the Pipeline columns by e-mail. Trammell Crow, Principal Launch $1B Development Program Principal...

This week's People of Note includes the following markets: Dallas, Denver, National, New York City, Orange County, San Francisco and Washington, DC. DALLAS, NATIONAL Behringer Harvard Appoints New President, CEO of REITs By Laurie Forbes Behringer Harvard hired Michael J. O'Hanlon as an executive vice president of the firm and as CEO and president of Behringer Harvard Opportunity REITs I and II. He took the place