Alex. Brown Realty JV Acquires Student Housing Project in Bloomington, Indiana

Baltimore, MD – Alex. Brown Realty, Inc. (ABR) and Asset Campus Housing (ACH) announce the acquisition of The Fields–a student housing project near the main campus of Indiana University in Bloomington, Indiana. ABR Chesapeake Fund V, a value-add real estate fund sponsored by ABR, invested $11.7 million in the joint venture. The acquisition was financed […]

Alex. Brown Realty and Graymark Capital JV Acquires Sunnyvale, California R&D/Office Building

Baltimore, MD – Alex. Brown Realty, Inc. (ABR) and Graymark Capital announce the acquisition of 1237 E. Arques Avenue, a 68,608 sf R&D/office building in Sunnyvale, California.  ABR Chesapeake Fund V, a value-add real estate fund sponsored by ABR, invested $8.5 million in the joint venture.  RGA Reinsurance Company provided financing for the acquisition. 1237 […]

Alex. Brown Realty Announces New Addition to Legal Team

Baltimore, MD – Alex. Brown Realty, Inc. (ABR) is pleased to announce that Steven M. Benvenuto has joined the firm as Corporate Counsel. Benvenuto will work primarily on real estate transactions and compliance matters. He received a J.D. from Vanderbilt University Law School and a B.A. in Political Science from Mount St. Mary’s University. Alex. […]

Alex. Brown Realty Joint Venture Acquires Office Building in Rockville, Maryland

Baltimore, MD – A joint venture organized by Alex. Brown Realty, Inc. (ABR) and Washington Property Company has acquired One Research Court, a 113,620 sf office building in Rockville, Maryland. ABR Chesapeake Fund V, a value-add real estate fund sponsored by ABR, invested $5.5 million in the joint venture. Financing for the acquisition was provided […]

Alex. Brown Realty Joint Venture Acquires Flex/Office Portfolio in Raleigh, NC

Baltimore, MD – Alex. Brown Realty, Inc. (ABR) and Somerset Properties announce the acquisition of the Raleigh Flex Portfolio in Raleigh, North Carolina. ABR Chesapeake Fund V, a value-add real estate fund sponsored by ABR, invested $21.1 million in the joint venture. Financing for the acquisition was provided by Citizens Bank of Pennsylvania. The portfolio […]

Alex. Brown Realty Acquires Flex Industrial/Office Portfolio in Upland, California

Baltimore, MD –A joint venture formed by Alex. Brown Realty, Inc. (ABR) and CIP Real Estate (CIP) has acquired a 313,417 sf flex industrial/small office portfolio in Upland, California. ABR Chesapeake Fund V, a value-add real estate fund sponsored by ABR, invested $10.4 million in the joint venture. Financing was provided by Lincoln Benefit Life […]

Alex. Brown Realty and CIP Acquire Ontario, California Flex Industrial Portfolio

Baltimore, MD – Alex. Brown Realty, Inc. (ABR) and CIP Real Estate (CIP) announce the acquisition of Milliken Business Center, a flex industrial portfolio in Ontario, California. ABR Chesapeake Fund V, a value-add real estate fund sponsored by ABR, invested $6.1 million in the newly formed joint venture. Financing was provided by Wells Fargo Bank, […]

Alex. Brown Realty Acquires Office Building within Chicago’s Illinois Medical District

Baltimore, MD – A joint venture organized by Alex. Brown Realty, Inc. (ABR) and Ameritus, LLC announce the acquisition of The Hastings Center office building located within Chicago’s Illinois Medical District. ABR Chesapeake Fund V, a value-add real estate fund sponsored by ABR, invested $5.2 million in the joint venture. Originally constructed in 1942 as […]