Maryland Company Expands Investment Pattern into D.C. Maryland-based Mosaic Realty Partners expanded its portfolio with the acquisition of a commercial building in the nation’s capital. It purchased the northeastern D.C. asset through an affiliate for $14.2 million. Mosaic is now the new owner of 705 Edgewood St., N.E., a two-story building constructed in 1955. The […]

What Do You Do With $30M and An Empty Warehouse? The former Giant Foods distribution warehouse in Jessup is about to get a makeover. Manekin LLC and AEW Capital Management hope to bring in as many as eight tenants to fill more than 1M SF of industrial space. The new owners will spend $30M to […]

Mosaic Realty Sells Industrial Property at 7600 Assateague Drive BWLC JESSUP, MD—The former Giant Food warehouse in Jessup sold for 37 percent more than what the massive property traded for in 2013. The joint venture of Columbia-based Manekin LLC and Boston-based AEW Capital Management acquired the 730,000-square-foot complex last week for $45.25 million, according to […]

Manekin, joint venture partner paid $45.25M for former Giant warehouse The former Giant Food warehouse in Jessup sold for 37 percent more than what the massive property traded for in 2013. The joint venture of Columbia-based Manekin LLC and Boston-based AEW Capital Management acquired the 730,000-square-foot complex last week for $45.25 million, according to state […]