Developers and officials agree that bureaucracy is preventing new housing construction in Montgomery County's Philadelphia suburbs.
Midway sold the retail portion of its Memorial-area mixed-use district CityCentre to the developer of neighboring Memorial City.
The project would include offices and restaurants as well.
Also in this week's Deal Sheet, a 1,200-unit Prince George's County portfolio trades hands, Montgomery County advances a TIF deal for Viva White Oak, and more.
Historic grain elevators will be repurposed as a focal point for the redevelopment of 17 acres in West Houston by Moody National Cos.
MAG Partners is planning to build a 1M SF mixed-use tower. First, it needs someone to lead the project.
Merritt Properties is working with JLL to secure refinancing for the 6.2M SF portfolio in the Baltimore region.
Mayor Cherelle Parker has added Angela Brooks and Alex Balloon to the Philadelphia Land Bank board as she looks to boost housing production on city-owned lots.
WRS Realty is planning 1,600 multifamily units and 1.2M SF of commercial space, plus a new transit hub, on the Lakeforest Mall site.
Manhattan recorded 60 sales in the second quarter of 2025, a 29% drop from the previous quarter
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