July 24, 2014 4:12 PM ET

Capital Markets

Company Overview of Alex Brown Realty, Inc.

Company Overview

Alex Brown Realty, Inc. is a real estate investment firm. The firm focuses on property investments across the United States. It co-invests with joint venture partners. Alex Brown Realty, Inc. was founded in 1972 and is based in Baltimore, Maryland.

300 East Lombard Street

Suite 1200

Baltimore, MD 21202

United States

Founded in 1972

Phone:

410-727-4083

Fax:

410-625-2694

Key Executives for Alex Brown Realty, Inc.

Chief Executive Officer
Age: 64
Vice President and Chief Financial Officer
Age: 57
Vice President
Senior Vice President and Director
Age: 61
Vice President
Compensation as of Fiscal Year 2014.

Alex Brown Realty, Inc. Key Developments

Alex Brown Realty, Inc. and Biynah Industrial Partners L.L.C. Acquire Cleveland Industrial Portfolio

A joint venture organized by Alex. Brown Realty, Inc. (ABR) and Biynah Industrial Partners, LLC (Biynah) has acquired the Great Lakes Industrial Portfolio in Cleveland, Ohio. ABR Chesapeake Fund IV sponsored by ABR, invested $8.3 million in the venture. The Great Lakes Industrial Portfolio includes nine Class A buildings totaling 766,477 square feet spread over four locations in Cleveland's South, Southeast, and Southwest submarkets. All four locations have excellent access to the major interstates, including I-271, I-480 and I-80. Occupancy within the portfolio is fully stabilized and the rent roll is dominated by national credit tenants.

Alex. Brown Realty Joint Venture to Develop Marriott Residence Inn in Hillsboro, Oregon

Alex. Brown Realty, Inc. (ABR), Hillsboro Hotel Development (HHD) and Huntington Hotel Group (HHG) has acquired a 4.93-acre site in Hillsboro, Oregon, approximately 15 miles northwest of downtown Portland. The joint venture plans to develop a Marriott Residence Inn on the site. Upon completion of the new hotel, ABR Chesapeake Fund IV, a real estate fund sponsored by ABR, expects to have approximately $8 million invested in the venture. The development site is along NE Brookwood Parkway, in the northeastern section of the 320-acre Dawson Creek Business Park. The site lies one mile south of Interstate 26, a major east/west interstate that connects Portland to Oregon's Pacific coastline and two miles east of the Hillsboro Airport. In addition, the site is immediately west of Intel Corporation's Ronler Acres campus, which currently employs 7,000 and is undergoing a $3.0 billion expansion. The joint venture has executed a franchise agreement with Marriott and intends to develop a 140-room Marriott Residence Inn on the site.

Alex Brown Realty, Inc. and Biynah Industrial Partners L.L.C. Enter into Joint Venture to Acquire the Milwaukee Industrial Portfolio

Alex. Brown Realty, Inc. and Biynah Industrial Partners, LLC have entered into a joint venture to acquire the Milwaukee Industrial Portfolio in Milwaukee, Wisconsin. ABR Chesapeake Fund IV, a value-added real estate fund sponsored by ABR, invested $5.7 million in the venture. The Milwaukee Industrial Portfolio includes five buildings totaling 422,950 sf built between 1979 and 1997. The portfolio offers market diversification since the five buildings fall within three distinct Milwaukee submarkets. Buildings 1 and 2 are in the Pewaukee submarket, an affluent market that features high barriers to entry and easy access to downtown Milwaukee and Madison via I-94 West. Buildings 3 and 4 are within Milwaukee's airport market and are adjacent to the General Mitchel International Airport. Building 5 is in the Franklin submarket, located approximately eight miles southwest of the airport, with convenient access to greater Chicago via I-94 south.

Similar Private Companies By Industry

Company Name Region
Ecoban Securities Corporation United States
Carter/Validus Advisors, LLC United States
Mitchell Hutchins Institutional Investors Inc. United States
Anasazi Capital Corp United States
MESA United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 10, 2014
Rand Tower
Merger/Acquisition
July 7, 2014
Harrison Place Investments, LLC
Merger/Acquisition
May 30, 2014
University Downs in Tuscaloosa, Alabama
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Alex Brown Realty, Inc., please visit www.abrealty.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.