Economic Development News
Wednesday, October 14 2015
Frederick, MD -- Matan Companies, one of the region’s premier commercial real estate and development firms, announced that it has broken ground on a new 20,750 square foot, two-building Class A retail project at its Westview South campus in Frederick.
Wednesday, May 20 2015
RECon -- The deals are rolling, with attendance at RECon higher than it has been for years, as developers, retailers and others reap the benefits of an improving global economy.
Nearly 33,000 preregistered for this year’s show, about 3,000 more than last year. Thousands more are expected to register on-site for the four-day event.
“It’s a great time to be in the business,” said Robert Myers, COO of Phillips Edison & Co., which has had a busy year of acquisitions that promises only to get busier. The company, which added 2,000 square feet to its booth last year for a total 5,000 square feet has 72 people at the show and 800 meetings lined up, says Myers.
“The vibe is good,” said Robert E. Young Jr., managing director of the Dallas-based Weitzman Group brokerage, which has brought 75 executives to RECon this year, and has 375 scheduled meetings — and plenty of unscheduled ones besides. Retailers are expanding in tandem with an expanding job market, and food retailers — whether they be supermarkets or fast-food vendors — are particular hot, Young added.