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February 12, 2015

Screams of foul play have echoed from the county to state level in the ranks of the democratic leadership. The opposition is aimed squarely at the brand new republican Governor of Maryland, Larry Hogan.

‘Mass Exodus’ has been the word on the political streets for the past two weeks in Maryland’s state capital Annapolis. Screams of foul play have echoed from the county to state level in the ranks of the democratic leadership. The opposition is aimed squarely at the brand new republican Governor of Maryland, Larry Hogan.

January 22, 2015

Silver Spring, Maryland-based United Therapeutics Corporation (NASDAQ:UTHR) is a biotechnology company with a primary focus on the creation of therapeutic drugs that treat pulmonary arterial hypertension (PAH). The company has four products on the market with the release of its' fourth drug Orenitram in mid 2014; after receiving FDA approval for it in December 2013.

April 4, 2014

If you are a young professional working in Washington, D.C., one thing you’ve probably noticed by now is that there is a fairly large gap between your monthly income and the city’s monthly rent requirements. Not everyone can afford the “luxury” apartments in Foggy Bottom, Georgetown, or Dupont Circle; so what’s a cash-strapped young professional to do?

March 14, 2014

We recently released an article about the Top 5 Worst Markets for Office Space in the D.C. area. Those areas had the highest vacancy rates in the Washington, D.C. area according to a Transwestern report.

Demand for Class-C and Class-B office space is at near all-time lows and at the same time tenants are adamant about leasing Class-A office space. In some sub markets the demand is so great that Class-A office space available is now below 1 percent.

February 13, 2014

In the world of commercial office space, a market with a vacancy rate of 10 percent is considered stable; anything below that percentage is to be coveted.  Logically, developers should flock to a market with a low office inventory, especially one with short supply of Class-A office space.  After all, someone is leasing all that space right?

February 7, 2014

Germantown, Maryland is the farthest north of Montgomery County’s commercial centers, it’s also the smallest and youngest in terms of commercial development but that is quickly changing. With approximately 3 million square feet of office space, Germantown has been one of the county’s bright spots in terms of commercial development in the last couple of years.

May 31, 2012

Gaylord Entertainment Co. (NYSE: GET) and Marriott International, Inc. (NYSE: MAR) have come to an agreement over the management of Gaylord's self-branded hotels.

The Nashville-based company will hand over operation of its four large hotels to hospitality giant Marriott with headquarters in Bethesda. The company which also owns several brands including the Ritz Carlton, based in Chevy Chase; will add the Gaylord Hotels brand to its portfolio for $210 million.

April 18, 2012

Rockville-based Catalyst Health Solutions (NASDAQ:CHSI), the fast growing prescription drug benefits provider, is in talks with Lisle, Illinois-based SXC Health Solutions (TSE:SXC) for a merger agreement valued at an estimated $4.4 Billion.

April 13, 2012

While the nation's capital continued its usual lead in office space construction, another surprise quarter occurred with the Maryland National Capital region leading the surrounding region.

According to March data from the Bethesda, Mid-Atlantic regional office of Transwestern and its research subsidiary, Alexandria-based Delta Associates, there was an estimated 7,204,726 square feet of office space under construction or reconstruction in the D.C. area.

April 3, 2012

Herndon-based Volkswagen of America reported its percent best monthly March sales total since 1973. The German automaker was able to increase sales by 34.6 percent but this time led by more than one model line surpassing the 10k mark.

Volkswagen of America sold 36,588 units; it is the sixth month that the automaker surpassed at least a 30 percent increase in sales and the 31st consecutive month of sales increases.

January 3, 2012

Currently largely Hispanic immigrants, Admans Morgan is quickly being gentrified by professionals.

Adams Morgan has changed significantly over the last 50 years from the time it was commonly known as the upscale residential neighborhood, Lanier Heights. Today it's now taken on a new role as an up and coming neighborhood that's currently largely Hispanic immigrants but is quickly being gentrified by professionals. 

December 9, 2011
federal government allowed 96 percent of the office space under construction in the Maryland National Capital Region to be pre-leased

With a big help from the federal government, Maryland's "economic engine", Montgomery County, has managed to lead all jurisdictions outside the district in office space construction -- with nearly all of Montgomery County's primary office markets participating.

The latest data from Transwestern Mid-Atlantic with headquarters in Bethesda, shows office space construction in the county stands at nearly 2 million square feet, that puts it ahead of surrounding area jurisdictions including Fairfax and Arlington counties in Virginia.

November 7, 2011

Chevy Chase-based GEICO, one the largest insurance companies in the nation and with primary offices across the Maryland/D.C. border in Montgomery County is set to appear in front of the Montgomery County Planning Board on November 17, 2011 but for reasons not to the liking of either side.

The Planning Board is set to vote on the validity of an extension request for plans to redevelop GEICO's headquarters, and depending on which way the board votes could be a lose-lose situation for both parties.

November 6, 2011

UA made a nice move on earnings on heavy volume, which is indicative of accumulation.

On October 25, 2011, Baltimore-based Under Armour (NYSE: UA) reported third quarter net revenues growth of 42%, and raised 2011 net revenues and Operating Income outlook. UA made a nice move on earnings on heavy volume, which is indicative of accumulation. UA is currently showing relative strength and has supported at every test of the 10sma. It is also displaying a nice flagging pattern, which is bullish.

November 3, 2011

A Virginia residential developer is proposing to tear down an existing office building on Key West Avenue in Rockville, and replace it with as much as 650 multi-family residential units that would most likely end up as apartments.

October 21, 2011

With no opposition from residents, the development at 10914 Georgia Avenue won unanimous approval from the Montgomery County Planning Board Thursday.

The project will be the latest residential development from downtown Bethesda-based Washington Property Company, which is also building the residential high-rise at 1150 Ripley Street in downtown Silver Spring.

October 14, 2011

Back in May 2010 the U.S. Postal Service issued an RFP through its brokerage firm to sell the site for redevelopment

The development planned for the current main post office site in the Silver Spring Central Business District won approval from the Montgomery County Planning Board Thursday.

Leading the development of the site is Chevy Chase-based Nova-Habitat incorporated which has been joined by McLean-based Insight Property Group LLC to build what is being marketed as the Fenwick Station apartments.

October 10, 2011

The contract will create at least 20 jobs at United Therapeutics's downtown Silver Spring headquarters.

Silver Spring-based United Therapeutics (NASDAQ: UTHR) subsidiary, Unither Virology, LLC has just been awarded a contract from the National Institutes of Health's (NIH), National Institute of Allergy and Infectious Diseases (NIAID) division.

The Montgomery County biotech will receive a $45 million contract over five years, including a 42-month base period that will fetch approximately $10.6 million in funding. Eight milestone-based options are part of the remaining funds.

October 6, 2011

The 30-year veteran announced September 15 that he would take a leave of absence.

McLean-based Gannett Co., Inc. (NYSE: GCI) reported Craig A. Dubow, chairman and chief executive officer, will officially resign his post due to disability from a debilitating medical condition. The 30-year veteran previously announced September 15 that he would take a leave of absence.

Dubow will be replaced by Marjorie Magner and Gracia Martore who will become chairman and CEO respectively.

September 22, 2011

The case, PharmAthene Inc (PIP) vs. SIGA Technologies Inc., CA2627, was decided today in Delaware Chancery Court in Wilmington.

Annapolis-based PharmAthene, Inc. (NYSE Amex: PIP) has finally received a judgment on the dispute against SIGA Technologies over a smallpox antiviral drug designated ST-246.

The case, PharmAthene Inc (PIP) vs. SIGA Technologies Inc., CA2627, was decided today in Delaware Chancery Court in Wilmington.

September 19, 2011

The federal government contractor was nominated for the award because it was noted to deliver NASA contracts on budget.

Silver Spring-based DB Consulting Group, Inc was recognized by NASA for its support services to the federal space division.

The NASA Johnson Space Center’s 2011 Small Business Prime Contractor of the Year Award is given to businesses for significant and outstanding support. DB consulting received a center-level Small Business Industry Award (SBIA) which qualifies it for agency level SBIA.

September 14, 2011

CSC said that it has purchased what is claimed to be the largest pure-play software testing and quality management service provider in the world.

Falls Church-based Computer Sciences Corporation (CSC) (NYSE: CSC), said that it has purchased what is claimed to be the largest pure-play software testing and quality management service provider in the world.

September 14, 2011

National Harbor, the mixed-use development that became an overnight success continues to diversify and expand with the addition of a brand-new apartment project.

The Bozzuto Group and The Peterson Companies teamed up to announce in late 2010, plans to develop an apartment building at the $4 Billion National Harbor along the Potomac River in Prince George's county. Now more details of the project have surfaced.

September 6, 2011

Baltimore-based Under Armour Inc (NYSE:UA) rose passed $68 a share in afternoon trading, subsequent to staying below Friday's close for most of the trading day. Many local stocks were in negative territory during the September 6th trading session continuing a downward trend from Friday's overall session slump based on virtually zero job creation in the U.S. economy. The markets were closed on September 5th in observance of the Labor Day Holiday.