8C — December 23, 2022 - January 19, 2023 — Owners, Developers & Managers — M id A tlantic Real Estate Journal
www.marej.com
O wners , D evelopers & M anagers
Candlewood Suites on Aberdeen Proving Ground spans 50K s/f Lendlease and IHG Army Hotels announce opening
Morris Construction Mgmt. begins construction on multifamily community
A
BERDEEN, MD — Lendlease , a global real estate and in-
vestment group, and IHG Army Hotels announced the opening of the Candlewood Suites hotel on Aberdeen Prov- ing Ground in Aberdeen. Featuring 69 guest rooms and spanning nearly 50,000 s/f, the newly constructed Candlewood Suites on Aber- deen Proving Ground is the latest extension of the engage- ment between Lendlease, IHG and the Privatized Army Lodging (PAL) initiative, a U.S. Army-led, public-private venture to revitalize on-post lodging for, and support and serve, soldiers, their families and all government travelers. The hotel also represents the 16th Candlewood Suites prop - erty made possible through PAL, which now supports more than 12,000 hotel rooms across 40 military installa- tions nationwide. “I am incredibly proud of the entire Lendlease and IHG Army Hotels teams for work- ing diligently to deliver this NEW YORK, NY — Mon- troy DeMarco Architec- ture (MDA) has completed an 18,200 s/f expansion to an existing 20,000 s/f office space in the Financial District for a national not-for-profit orga - nization focused on providing legal services. “The organization has rapidly grown in recent years, serv- ing the needs of an increasing number of people in the U.S. justice system. Our goal was to create an expansion that was employee-friendly and offered multi-functional public spaces to serve various purposes for the organization,” said MDA principal Steven Andersen . “MDA designed the organiza- tion’s original offices in 2010. We were excited to design an expansion that would enable the group to work more ef- ficiently to serve the needs of their clients,” he added. “The organization’s staff has significantly grown, and this additional space will provide private offices for attorneys and support staff, conference areas for board meetings and smaller gatherings, and flexible event venues for organization-wide meetings and presentations,” shared Ajay Waghmare, MDA
435 Little Britain Rd. in New Windsor
easy access to all that the Hudson Valley has to offer via the scenic Route 9W as well as superior regional accessibility via the nearby Interstates 84 and 87. The community is also just a short drive away from Stewart Internal Airport and the Newburgh-Beacon Ferry connecting residents to direct access to NYC at the Beacon Train Station. “Our development philosophy has always been built on find - ing hidden opportunities where we can deploy our substantial experience and in-house capa- bilities to create value,” said Nicholas Minoia , founder and managing principal of Di- versified Properties. “Stonegate at New Windsor is the latest example of our commitment to providing ‘best-in-class’ luxury rental communities.” MAREJ
NEW WINDSOR, NY — Morris Construction Man- agement , the in-house con- struction team of Diversified Properties announced it has begun construction on Stone- gate at New Windsor, an 81- unit multifamily community located at 435 Little Britain Rd. in New Windsor. The community is scheduled to be completed in July 2023. Situated just across Little Britain Rd. from Lake Wash- ington, the construction of Stonegate at New Windsor will bring an in-demand lux- ury experience to the pictur- esque Hudson Valley, The design from Thomas Bren- nan Architects will feature a blend of studio, one and two- bedroom apartments. Residents of Stonegate at New Windsor will also enjoy
Lendlease and IHG Army Hotels celebrates ribbon-cutting
impressive hotel despite the challenges of the COVID-19 pandemic,” said Matt Gar- rett , Lendlease senior vice president and general man- ager of PAL. “One of PAL’s priorities is to improve the guest experience through out- standing hotel amenities and services. This brand new Can- dlewood Suites on Aberdeen Proving Ground represents the very best in hospitality, specifically designed to meet the needs of our military trav- elers and their families.” The Candlewood Suites on Aberdeen Proving Ground
offers a variety of rooms – including studio and one- bedroom suites – and features to accommodate the unique needs of today’s military trav- elers. Each suite includes a full kitchen, supplemented by complimentary hot breakfast and the Lending Locker which makes specialized kitchen ap- pliances (such as slow cookers and waffle irons) available for checkout. The hotel’s outdoor Gazebo Grill and fireplace and Distinguished Visitors Quar- ters lounge also facilitate com- munity and comfort among guests and visitors. MAREJ
Montroy DeMarco Architecture completes 18,000 s/f office expansion for a national legal services organization
Cushman & Wakefield | Thalhimer’s Capital Markets Group inks $10.6MM sale
Montroy DeMarco Architecture (MDA) has completed an 18,200 s/f expansion to an existing 20,000 s/f office space in Manhattan’s Financial District for a national not-for-profit organization focused on providing legal services. Photo by Ola Wilk Photography
to the south. As Waghmare explains, “Our design philosophy was to maxi- mize the functionality and comfort of the space, while balancing the budget to ac- commodate the not-for-profit client’s financial requirements. The design team had to be ef- ficient with space planning, allowing maximum flexibility, while maintaining privacy and reducing noise transmission of confidential conversations. The design also incorporated the latest audiovisual technology to allow collaborations between offices located across the United States.” MAREJ
project manager. The MDA team also included J ob Captains Adeline Tse and Tammy Huang, and interior designer Eleanor Boehm. Robert Derector As- sociates provided MEP design, and Gilsanz Murray Steficek was the structural engineer for glass partitions. The general contractor was J.A. Jennings . GFB is the landlord. With this expansion, the ten- ant now occupies two separate suites that are accessed from the same elevator lobby. The original space is located to the north of the elevator bank, while the expansion is located
Countryside Estates
and lifestyle amenities. DSP Real Estate Capital, LLC acquired Countryside Estates on November 10, 2022 from 2316 Highland Farm, LLC for $10,630,000. Clay Taylor, CCIM of Cushman & Wakefield | Thalhimer’s Capital Markets Group worked in conjunction with Stephen Karbelk of CENTURY 21 Commercial New Millenni- um to represent the purchaser in the transaction. DSP Real Estate’s purchase of Country- side Estates marks its sixth overall acquisition and fourth in Roanoke since 2020. MAREJ
ROANOKE, VA — Cush- man & Wakefield | Thal - himer’s Capital Markets Group announced the sale of Countryside Estates, a 108-unit garden-style apart- ment community located at 2316 Highland Farm Rd. NW in Roanoke. Built in 1971, Countryside Estates is comprised of 54 two- bedroom, one-bath apartments, and 54 three-bedroom, one- and-a-half bath apartments near William Fleming High School with convenient access to I-581, Valley View Mall, and a variety of other nearby retail
Made with FlippingBook - Online magazine maker