PIKESVILLE, MD – OCTOBER 26, 2018 – Commercial real estate professionals, Steven Cornblatt and Gary Olschansky of Trout Daniel & Associates represented Blue Ocean Realty in its acquisition of the 171-room DoubleTree by Hilton Hotel and Conference Center in Pikesville, MD.
In addition to the hotel, the 10-acre site also includes the 50,000 square foot Baltimore Tennis & Fitness facility, as well as a 32,000 square feet retail and office plaza.
The sale price was not disclosed.
The Seller, Pikesville Hotel Limited Partnership a Mangione family entity, represented itself in this ‘off-market’ transaction that unfolded over approximately 2 years.
Moving forward, TD&A’s Rene Daniel and Seth Danels, along with Cornblatt, will be providing leasing and advisory services to Blue Ocean.
The property is located at 1726 Reisterstown Road and is one of the most recognized locations in the Baltimore Metro … Read More »
Trout Daniel & Associates, announce, after a long vacancy and an abundance of available local space, the execution of a seven-year Lease for a fully furnished office suite at 954 Ridgebrook Road; a 9,311 square-foot condominium property located in Sparks, Maryland. Situated conveniently on the southwest corner of Ridgebrook Road and York Road. 954 Ridgebrook Road is prominently located at the entrance to the Highlands Corporate Center and offers Tenants a contemporary Class “A” office environment in close proximity to the residential and business communities of Hunt Valley.
Jared Engel, Associate, and Stacey Berman, Associate Broker, along with Steven Cornblatt, of Trout Daniel & Associates represented the Landlord in the transaction. For more information on Engel’s and Berman’s current listings please visit here or contact them directly at 443.921.9342 (Engel) and 443.921.9359 (Berman).
About Trout Daniel & Associates:
Trout Daniel & Associates … Read More »
BALTIMORE – Trout Daniel & Associates, a full-service commercial real estate firm, announces the sale of Ranson Shoppes, a retail center located in Ranson, West Virginia. Gilbert R. Trout, Director of Investment Real Estate, represented the seller and procured the buyer.
Positioned in the center of Ranson’s retail corridor, WV Route 9, Ranson Shoppes is a 16,300 square foot, 100% leased retail property. Notable national and local tenants include Mattress Warehouse, Five Guys, and Little Caesars. Ranson is one mile from Hollywood Casino at Charles Town Races, and a short drive from Frederick, Maryland and Martinsburg and Harpers Ferry, West Virgnia.
“This property was under contract within thirty days of our marketing deployment. This asset generated strong interest from regional and national buyers, indicative of the strength of its service-oriented tenant mix and the area’s demographics.” stated Gilbert. “Prior to this … Read More »
Trout Daniel & Associates Retained as Agent for The Sale Of the Alley Shops Portfolio in Pikesville, MD
Trout Daniel & Associates, a full-service commercial real estate firm based in Timonium, has been retained as agent to sell Pikesville’s Alley Shops Portfolio, comprising 26,421 Square Feet of retail & office, located at 1326-1330 and 1420-1426 Reisterstown Road. Gilbert R. Trout, director of investment real estate at TD&A, is representing the seller.
The Alley Shops Portfolio, consisting of 5 buildings, is 95% occupied, and has enjoyed a consistently high average occupancy and low roll-over for years. Additionally, many of the 23 tenants have been at the Alley Shops for decades. Located in a Commercial Revitalization District, Baltimore County offers an investor many incentives, such as tax credits, grant, interest-free loans and free architectural services.
States Gilbert, “With its blend of charm, central location … Read More »
BALTIMORE – Trout Daniel & Associates, a full-service commercial real estate firm, announces the sale of North Point Mall, located on North Point Blvd in Baltimore County.
Situated near Dundalk and sandwiched between Interstates 95 and 695, this 120,000 SF shopping center is anchored by Kmart and a strip of retail stores.
The property was sold to America’s Realty for $3.35 million. Trout Daniel & Associates’ Steven L. Cornblatt, Principal, and Gilbert R. Trout, Director of Investment Real Estate, represented the seller and procured the buyer in the transaction.
Cornblatt states, “the sale of this property is representative of the increasing investment value of the east side of Baltimore County. There are still opportunities in this area, but we feel this community is on the radar of many savvy investors and developers. The desirability of this area reflects the strength of redevelopment projects … Read More »
BALTIMORE- Henry started in the commercial real estate industry in 1986. His focus is on Industrial/Office leasing and sales. Through Henry’s real estate tenure, he has also provided development and property management expertise to a variety of clients. Henry joined Trout Daniel and Associates, LLC in January of 2016.
Henry has a varied client list a sample of which includes companies and buildings served: ABC Box Company, Allied Coffee Distributors, Geddes School Supplies, Global Trading and Production Company, Maryland Chemical, Paca Pratt (management), Saint Paul Plaza (management/leasing), Solomon and Nislow CPA.
Current volunteer boards include:
• Baltimore Jazz Alliance
• Capital Camps (Property Management Division)
Past boards and volunteer activities:
• Greater Baltimore Board of Realtors Commercial Division, Chair
• Citizens Planning and Housing Association
• Jewish Big Brother/Big Sister League
• Ner Tamid Synagogue Board
• Prince George’s Philharmonic
Henry is currently a candidate for a CCIM (Certified Commercial Investment … Read More »
On Tuesday, August 25th, Jerome B. Trout III, Rene Daniel and Art Putzel of Trout Daniel Associates were interviewed by Allan Hirsh on AHA Business Radio 1300 WJZ-AM. Listen to their conversation below:
Owner of locally-owned restaurant says “time is right” to enter the Baltimore County marketplace to extend the long-established brand
BALTIMORE, MD (December 3, 2015) – The Mother’s Grille chain of restaurants, recognized locally for its iconic Federal Hill location and made-from-scratch food dishes, has chosen Broad Street Market in Timonium as the site of its third location in Maryland and first in the Baltimore County marketplace. The shopping center, located on 2430 Broad Avenue near the intersection of Interstate 83 and Padonia Road, was developed and is owned by Hill Management Services, Inc. Danielle Beyrodt of Hill Management represented the landlord and Steven Cornblatt of Trout Daniel & Associates, LLC represented the tenant in this transaction.
Mother’s Timonium Grille at Broad Street Market is expected to open in first quarter 2016. This represents the third location for the restaurant chain, started by … Read More »
BALTMORE – Trout Daniel & Associates, a full-service commercial real estate company, announces the transition of Gilbert R. Trout from director of marketing to director of investment sales. Gilbert will be responsible for establishing TD&A’s investment sales practice, including buyer/seller representation and commercial property sales.
Additionally Gilbert will maximize his client’s investments by offering strategic capabilities such leasing, management and development to maximize a property’s performance prior to and following a sale.
Gilbert brings nearly a decade of experience in sales, leasing, property management, development, marketing, technology and strategy to the new position.
Prior to joining TD&A, Gilbert was the technological lead of an international multimedia project at Harvard University, a position chartered by then-president of Harvard Larry Summers. Additionally, Gilbert has worked for Perot Systems, where he built data mining and analytics systems for use in B2B sales by national firms.
Gilbert is … Read More »
The Baltimore Business Journal recently published an article announcing the lease of 3,500 square-feet of space at 200 St. Paul Place, in Baltimore, Md.
The space, on the ground floor of the 28-story St. Paul Place office building, would make a prime location for another bank or credit union branch, or a specialty retailer, said Rene Daniel, a principal at Trout Daniel. Daniel is also pitching the two-level space as a good site for a service provider, such as a computer data center.
To read the complete Baltimore Business Journal article published December 28, 2012, click here.