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Wednesday, 10 April 2002

Mid-Atlantic Digest (4/11/02): Md. Near a Deal for Development of Former Navy Facility

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April 11, 2002

Anne Arundel County near deal on Taylor project; review panel split
The Baltimore Sun

ANNAPOLIS, Md. – The prime waterfront acreage of the former David Taylor Research Center on the Severn River is the focus of an ambitious redevelopment plan: recasting the concrete buildings of the old Navy facility into a $250 million office complex, the biggest commercial development along Anne Arundel County's shoreline. Developers and county officials hope to lure close to 2,000 high-tech professionals to the 46-acre tract, where engineers once tested designs for Navy ships and submarines. The redevelopment project, which would significantly alter Annapolis' waterfront scene, has been in the works for nearly a decade. Now – after years of tense negotiations with the development partnership, Navy officials and area residents – the county is wrapping up the last details.

ATF's new home is under construction
The Washington Business Journal

WASHINGTON – Construction on the new home of the Bureau of Alcohol, Tobacco and Firearms is under way. The General Services Administration broke ground on the 295,000-square-foot headquarters Wednesday morning on an barren parcel of land in northeast Washington. The $104 million project, located at First Street Northeast and New York Avenue, is one of the cornerstones of the District's North of Massachusetts Avenue, or NoMa, corridor redevelopment efforts. Along with XM Satellite Radio and a proposed New York Avenue Metro Red Line station, officials hope the federal anchor will help revitalize the city's eastern corridor.

Cassidy & Pinkard makes promotions

WASHINGTON – Cassidy & Pinkard has promoted John J. Fleury, its chief operating officer, to executive vice president, a position in which he will be responsible for the daily operations of the firm's three locations in Washington, Rockville, Md., and Tyson's Corner, Va. In the firm's leasing department, David Parker of the Tyson's Corner office and Brendan Cassidy of the Rockville office have each been promoted to senior vice president. Also, in the property management group, Terry Frassetto has been promoted to vice president of the Maryland group and Mark Probst was promoted to senior property manager. In addition, Judy Tria recently joined Cassidy & Pinkard to fill the newly created position of vice president of property management operations.

Commercial Real Estate Direct provides links to full stories where available.


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Additional Info

  • Syndicate to Realpoint: No
  • Subject: Mid-Atlantic Regional Digest (MADIG)
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Data Digest







Top Bookrunners Domestic, Private-Label CMBS - 2017
Investment Bank #Deals Vol$mln MktShr%
Goldman Sachs 17.59 11,819.34 13.68
JPMorgan Securities 14.52 10,968.11 12.70
Citigroup 12.04 10,012.71 11.59
Wells Fargo Securities 14.02 9,936.06 11.50
Deutsche Bank 12.55 9,879.74 11.44




cppichart FP



CMBS 2.0 Spreads


Top CMBS Loan Contributors - 2017
Lender #Loans Vol$mln MktShr%
Goldman Sachs 146.89 11,719.34 13.63
JPMorgan Chase Bank 117.68 10,114.14 11.76
Deutsche Bank 198.48 9,689.97 11.27
Morgan Stanley 166.18 8,539.78 9.93
Citigroup 199.05 8,088.24 9.41





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