10-12-18

Real Estate Journal — October 12 - 25, 2018 — 9A

www.marejournal.com

M id A tlantic

VA Beach Economic Dev. welcomes 44,000 s/f beer garden

By Diana Creasy, DEWD Israeli companies find a home inBaltimoreCounty

addition, they are bringing new talent to the region and dou- bling the number of new jobs in Virginia Beach.” “We’re thrilled to open our doors in Virginia Beach,” said Carey Falcone, co-founder and CEO of New Realm Brewing Company. “The Hampton Roads region is known for a fun, active lifestyle, making it a great place to feature our exciting beers, one-of-a-kind restaurant and inviting event venue.” “Everyone we worked with at the City of Virginia Beach has been extremely helpful to make this a successful venture for NewRealmBrewing Company,” said Falcone. “We are investing heavily in our new Virginia Beach brewery and community by enhancing the quality lab, installing additional Krones Unitanks from Germany, as well as building an outdoor bar, a full kitchen and seating for more than 400 people. We anticipate hiring 105 people at current full capacity.” 

VIRGINIA BEACH, VA — With its flagship location in At- lanta, GA, New Realm Brewing

Co. is branch- ing out to Vir- ginia Beach. Co - f ounded b y C a r e y Falcone, Bob Powers and Mitch Steele, the brewery f e a t u r e s a

ne company is revo- lutionizing security systems to improve emergency response. Another firm is making it easier to pay without cash. A third Israeli company is helping companies improve fleet management. These entrepreneurial Is- raeli firms have chosen Bal- timore County as the place to grow their business in the United States. The County’s economic development team, the icybercenter@bwtech, Maryland Israel Development Center (MDIC) and World Trade Center Institute offer resources for international firms to thrive here. The services offered by Bal- timore County are attractive to international firms, par- ticularly companies in the tech space. Located next to a leading university, UMBC, bwtech@UMBC offers assis- tance for start-up technology companies to help themmake valuable connections with customers, suppliers and academic institutions. The new icybercenter@bwtech incubator program creates a soft landing for small inter- national companies looking to set up a U.S. operation. MDIC promotes bi-lateral trade and investment and connects companies and en- trepreneurs from Maryland and Israel for sales, distribu- tion, investment, representa- tion and joint R&D. Nayax: Easier Cashless Payments With seven international offices, Nayax decided to make Baltimore County home for their eighth. A global leader in the engineering and manufacturing of cashless devices in several different industries, Nayax has been able to leverage resources in Baltimore County to continue to expand. “Our sales and support staff has grown 33 percent in just the past five months,” said Harry Kozlovsky, executive customer success manager for Nayax. “Our location in Baltimore County has allowed us to expand our employment O

Warren Harris

tasting room offering more than 15 different types of beers on tap, a 44,000 s/f outdoor beer garden with fire pits, adult game areas and newly added patio bar, and a large private event space. “New Realm Brewing Com- pany understands the many advantages and opportunities in locating in Virginia Beach,” said Virginia Beach Eco- nomic Development director WarrenHarris . “We presented a strong business case to New Realm to have confidence in making a substantial capital investment in the facility. In

Scenesfrom MDIC’s Start Up Nation series

opportunities, as well as be a convenient location to reach our North American custom- ers easily.” Jedvice: Proactive Secu- rity Eran Jedwab, Founder & CEO of Jedvice, has found the resources in Baltimore County very helpful to the company’s growth. “I’ve been able to meet with government and school officials to show off our product and how it can help the community,” said Jedwab. “There seems to be a lot of enthusiasm for our product and I’m hopeful for our future here.” Jedvice helps deliver the deployment and operation of security systems. Their main product, JedEye, is a mobile solution that provides contex- tual and situational aware- ness in emergencies such as active shooter incidents to help improve field responder’s responses. JedEye revolution- izes the use of cameras and sensors to facilitate proactive security and daily monitoring operations. ISR Corporation: Fleet Fleets A pioneer in the IoT fleet telematics industry, ISR Cor- poration has installed custom fleet management systems for numerous governmental and commercial clients around the world. Their newest product, ISR FleetTrack is a cloud- based browser application that enables real-time GPS tracking, event recording and a new array of safety features. This enables fleet managers

to better utilize resources to save time, fuel, money and overtime. ISR’s Maryland location is in Halethorpe. Resources for Business The County’s Department of Economic and Workforce De- velopment works to support businesses as they grow their markets through interna- tional trade and helps inter- national companies looking to invest or locate operations in Baltimore County. This includes helping companies find space, ensuring a skilled workforce is available, mak- ing valuable industry con- nections and partnering with organizations to ensure a smooth move across the globe. Shalom to Baltimore Coun- ty’s Israeli companies. And welcome to companies from around the world. To learn more about how Baltimore County can help your global business, visit: • Baltimore County Depart- ment of Economic and Work- force Development • World Trade Center In- stitute • Maryland Department of Commerce’s Office of Interna- tional Investment and Trade • Maryland Department of Agriculture • U.S. Export Assistance Center • bwtech@UMBC • Maryland/Israel Develop- ment Center Diana Creasy is Market- ing Specialist for Balti- more County Department of Economic & Workforce Development. 

CBREarranges sale of DECourthouse Square & Rockwood Office Park

Rockwood Office Park

WILMINGTON, DE — CBRE announced that it has arranged for the sale of Court- house Square and Rockwood Office Park—two office proper- ties located in Wilmington to Real Capital Solutions for an undisclosed sale price. CBRE Capital Markets’ Insti- tutional teammembers Robert Fahey, Jerry Kranzel, Erin Hannan and Jack Corcoran represented the seller, Pine Street Real Estate Holdings Corp. & Rockwood Office Park Associates, L.P. , in the marketing and sales nego- tiations. CBRE’s John Kac- zowka, Brian Hopkins and Dan Reeder , who are based in the firm’s Wilmington office, also assisted with the sale. Joe Bowar and Scott McDonald of Real Capital Solutions

Courthouse Square

represented the buyer. “We are pleased to have sourced Real Capital Solutions first investments in the Wilm- ington market, and, in fact, in the entire Philadelphia region,” said Jerry Kranzel, Senior Vice President in CBRE’s Philadel- phia based Institution Office sales team. 

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