Talk about timing. A candidate for county executive in 2018, Montgomery County Council President Roger Berliner was filing his election paperwork at the Board of Elections offices Monday morning when County Councilmember George Leventhal walked thru the door to do the same. “Unbelievable,” said Leventhal, as the two Democrats, who are now competitors in the […]
Promark Acquires 451 Hungerford Drive Property in Downtown Rockville (PHOTO)
Promark Real Estate Services has just closed on a mixed-use building at 451 Hungerford Drive in downtown Rockville. The seven-story building is adjacent to Rockville Town Square and directly across the street from the second phase of the Rockville Town Center, where two new multifamily complexes are currently being built. With 400 feet of prominent […]
Dozens of Residents Attend Town Hall Meeting about Kentlands Sketch Plan (VIDEO)
The future of the Kentlands Square shopping center was the topic of a town hall meeting hosted by the Kentlands Community Foundation on Tuesday night at the Kentlands Mansion. Dozens of Gaithersburg residents attended the meeting to hear from representatives of Saul Centers, the company that owns the shopping center that is anchored by a […]
Consumer Alert: Solar Panels (VIDEO)
Eric Friedman is the director of the Office of Consumer Protection in Montgomery County. In this latest Consumer Alert, below, Friedman has some advice about how to hire a company to install solar panels.
Outbox Pops Up in Silver Spring (VIDEO)
Something totally new and different has popped up on the streets of downtown Silver Spring this summer and we have some students from Montgomery College to thank for it. MCTV’s Michael Brown has the story. Visit our PEG partner MCTV10 (Montgomery College Television program schedule) to see more Montgomery College Television.
Five Things to Know Today, March 18, in Montgomery County
Here are your five things to know today, March 18, in Montgomery County: 1. Maryland State Police are investigating a fatal pedestrian collision that happened overnight on southbound I-270. 2. Montgomery County Councilmember Hans Riemer has introduced a bill to create a new county office that would focus on child care. 3. The search is […]
Montgomery County Residents Warned of Consumer Scam
Office of Consumer Protection (OCP) Director Eric Friedman is warning county residents about a medical alert scam currently underway across the country, including Montgomery County. According to the OCP, Montgomery County residents have reported receiving calls from what appears to be a local number. The scammer then states that the call is to schedule a […]
Don’t Wait Until Your Lease Expiration is Staring You in the Face
Dealing with your expiring office, retail, warehouse or flex space lease can be a stressful and aggravating process, especially if you wait until the last 2 -3 months of the lease term to address the issue. Ideally, a tenant should begin to evaluate their situation about 12 months prior to the lease termination date; for […]
There Are Great CRE Deals, But No Free Lunches
As was discussed in the last edition of Edell’s Premises, the deals are great for office tenants looking to renew or relocate, but tenants need to make sure that your financial house is in order. Landlords have learned from previous experiences that attracting tenants with aggressive concession packages and affordable occupancy costs does not ensure […]
Welcome to Edell’s Premises
Commercial real estate covers any property from which a business can operate. Typically that includes office buildings, retail space (strip centers, neighborhood centers, power centers ( think Milestone in Germantown or Rio at Washingtonian in Gaithersburg), shopping malls, 1st floor space of office and apartment buildings, and the occasional kiosk in the middle of a […]
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