Alexandria, VA 22305
Frederick, MD 21702
Joppa, MD 21085
Richmond, VA 23231
Cushman & Wakefield has been exclusively retained by the Owner to arrange the sale of 245 Shawan Road ("245 Shawan", "The Site", or "The Property"), a 6.17 acre site in Baltimore County's most desirable locale - Hunt Valley, MD. Located at the nexus of Interstate 83 and Shawan Road, the Site is an irreplaceable location that will create exceptional access to the MSA's top employers in addition to high-quality retail and lifestyle amenities. The Site is zoned BM-CCC which provides attractive flexibility for developers and allows for up to 400 units to be built. As one of only three sites in Baltimore County granted BM-CCC zoning, 245 Shawan represents an incredibly rare opportunity to build new multifamily product in the submarket and is poised to capture significant renter demand as residents flee the downtown market for the suburbs.
Hunt Valley is one of the most supply constrained submarkets in the Baltimore MSA with only one competing property and zero units in the development pipeline. The area's exceptional demographics, high barriers to home-ownership, and attractive employment base are creating pent up renter demand and will create significant acceleration in the micromarket's apartment market fundamentals moving forward. Developers are well-positioned to take advantage of these positive trends and deliver the next trophy multifamily project in this high-profile location.
Hunt Valley, MD 21031
The Wylie Holdings Portfolio is an incredibly unique opportunity for an investor to acquire 222 turn-key units located in some of Pittsburgh’s most desirable neighborhoods with an incredibly high barrier to entry. With a large concentration of the portfolio located in the iconic and highly sought-after neighborhood of Lawrenceville, the properties rival the best apartment and mixed-use properties Pittsburgh has to offer.
Pittsburgh has experienced unparalleled growth and investment from robotics, artificial intelligence, computer science, life sciences and healthcare industries led by top, regional employers like Argo AI, Uber, PNC, the University of Pittsburgh Medical Center and some of the world’s best colleges and universities including Carnegie Mellon University, the University of Pittsburgh and Duquesne University. The Portfolio’s locations provide residents with easy access to these employers and universities as well as being centrally located in the city’s most popular neighborhoods where tenants can walk to central business districts, easily access public transportation, or connect to every major highway and interstate. The Wylie Holdings Portfolio has all the right demand drivers that investors are actively seeking throughout the Mid-Atlantic.
Pittsburgh, PA 15201