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Scheer Partners Senior Associate Nick Pugh, a cast member on season 7 of the Netflix dating series Love Is Blind.
News

New 'Love Is Blind' Season Features A CRE Broker. We Asked Him How It Went

While the other contestants were gazing at the rooms they had only ever seen through the television screen, the 31-year-old Montgomery County native was looking through the lens of his day job marketing warehouses and distribution centers. Pugh was one of ...

Oct 03, 2024
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Big Pharma, Small Startups Driving Demand For Select Life Sciences Markets
News

Big Pharma, Small Startups Driving Demand For Select Life Sciences Markets

Panelists placed their faith in the extremes, arguing that growing demand from Big Pharma and green shoots in the incubator space both offer signs of life for life sciences real estate. The constant focus on overbuilding obscures some of the positive ...

Sep 18, 2024
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This Week’s D.C. Deal Sheet: Downtown Office Conversion Gets $63M Loan
News

This Week’s D.C. Deal Sheet: Downtown Office Conversion Gets $63M Loan

... Property Co. has refinanced a 105K SF office building in Rockville. The Bethesda-based CRE firm refinanced 1390 Piccard Drive, Cushman ...

Sep 13, 2024
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Montgomery County Office Building Sells At 34% Discount
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Montgomery County Office Building Sells At 34% Discount

... impact the capital markets. A 200K SF building in nearby Rockville sold in April for $14M, well below its 2003 sale ...

Aug 29, 2024
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GSK Global Vaccines Center Rockville
News

Vaccine Work Boosts Montgomery County Life Sciences Demand, Outpacing Available Space

... to manufacture a COVID-19 vaccine, HHS announced July 7.  Rockville-based Emergent BioSolutions received $628M in funding, HHS announced ... SF of lab space in a converted office building in Rockville.   Gaudreau, who works on strategic planning and design for ...

Sep 28, 2020
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This Week’s D.C. Deal Sheet: Duball Plans $90M Dupont Office Conversion
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This Week’s D.C. Deal Sheet: Duball Plans $90M Dupont Office Conversion

... Longfellow Building at 1201 Connecticut Ave. NW this week. The Rockville-based developer plans to spend $90M to convert the 1940s ...

Aug 02, 2024
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Longfellow Building Eyed For Residential Conversion After Selling At Auction
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Longfellow Building Eyed For Residential Conversion After Selling At Auction

Rockville-based Duball filed plans Wednesday with the Historic Preservation Office  ... -floor retail.  Duball is the developer behind the two-phase Rockville Town Center, the Palisades medical complex-to-townhome redevelopment Foxhall ...

Jun 27, 2024
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Photo of someone signing a contract
News

CMBS Bondholders Left In The Dark As Valuations Tumble

It's one of a growing number of examples of CMBS loans that are resolving for increasingly greater losses, sometimes larger than the total balance of the debt. Behind the scenes, bondholders are growing skittish as they watch real estate investments ...

Jun 20, 2024
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Local Banks Making Moves To Reduce Risk From CRE Loans
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Local Banks Making Moves To Reduce Risk From CRE Loans

...  to Bank of America.  Rather than sell off CRE loans, Rockville-based Capital Bank is lowering its real estate risk by ...

May 22, 2024
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Montgomery County Businesses And Organizations Do Their Part To Combat Coronavirus
News

Montgomery County Businesses And Organizations Do Their Part To Combat Coronavirus

... recombinant intranasal vaccine for the flu.  GlaxoSmithKline in Rockville has offered to make its vaccine adjuvant technology available ... Catering is raising money to feed hospital staff.  Rockville’s Dawson’s Market coordinated hundreds of meal deliveries ...

May 28, 2020
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