Category: Real Estate

Source Neighborhoods real estate section debuts today

Guest post by Dan Metcalf. Over the next several months, we’ll be rolling out a new feature, “Source Neighborhoods,” which will unpack the communities in which we live, outlining their boundaries, community resources, and, in particular, local real estate markets. Beginning in a week or two, we’ll start bopping from neighborhood to neighborhood, looking at what makes each pocket of our community unique and the sorts of opportunities for housing and recreation they offer. Today we’ll be looking at our market generally—look forward to a more granular level of detail in the weeks to come! In the anything-but-normal year...

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Boutique fitness studios sign leases in Central

Rendering courtesy Grosvenor Americas. Two boutique fitness studios have signed leases for space in the Central residential community, the first two lessees in the property at 8455 Fenton St. Pure Barre will open a 1,200-square-foot studio while Orangetheory Fitness will occupy more than 3,800 square feet. Both studios are expected to open in early 2018, according to a press release from developer Grosvenor Americas. Pure Barre was founded by dancer, choreographer and fitness guru Carrie Rezabek Dorr in Birmingham, Mich. in 2001 and now has more than 375 studios across the country, including eight in Maryland. The workout uses...

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More than 3,100 new residences planned for Silver Spring

Rendering of Central Silver Spring courtesy Grovesnor Americas. While apartments and condos have been opening regularly in downtown Silver Spring, more than 3,100 additional units are in various stages of construction or planning, according to Urban Turf, a blog covering the area’s real estate news. Residents can track all pending projects (not just residential) as well as those recently approved with this interactive tool from the county’s Planning Department. In the meantime, here’s a rundown of current residential projects. Under Construction Central Silver Spring will open soon on the corner of Fenton Street and Wayne Avenue with 243 one-...

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Core now leasing apartments in Silver Spring

Photo by Mike  Diegel. Core Silver Spring at 8621 Georgia Ave. is now leasing apartments and several already have occupants. The building has a total of 292 units. Of those, there are 61 studio apartments (some with dens), 174 one-bedroom units (again, some have dens) and 57 two-bedroom apartments. Some units have private balconies and patios. The monthly rent for each size varies. Studios run from $1,483-$1,673. One-bedroom apartments range from $1,607-$2,117 and two-bedroom apartments rent for $2,361-$2,596. There are a variety of floor plans to choose from for each size unit; each two-bedroom apartment also has two baths....

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Ellsworth Place is up for sale

The remodeled mall is now for sale. Photo by Mike Diegel. Ellsworth Place in downtown Silver Spring is for sale. News of the offering was included in an email circulated by Newmark Grubb Knight Frank announcing the company had been “exclusively retained” to sell the property. A copy of the email was obtained by Source of the Spring. Newmark Knight Grubb Frank is a global commercial real estate advisory firm with more than 400 offices on six continents. The Silver Spring property is being marketed by the company’s Boston-based Capital Markets Group. Ellsworth Place, originally known as City Place, is...

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