Warner Commercial 2023 Review
You never know what the new year will bring, but Warner Commercial works hard every month to sell, lease and provide the best advice and guidance we can to our clients – landlords and tenants alike.
We saw a steady market with softness based on rising interest rates and market trepidations. We are thrilled to report that the majority of our small office users have sustained their market conditions and most renewed their tenancy. The sale market was generally limited by reduced inventory, but those properties that we handled, sold quickly.
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Approach is Everything – Warner Commercial Moves Portfolio
Who do you go to, when you're ready to divest your real estate interests?
Clearly, to a trusted and measured partner who is willing to work with you, as an owner, to achieve the best outcome while accomplishing your goals.
Steve Smith Properties did just this about three years ago, when owner, Steven Lucido, approached Jonathan Warner at Warner Commercial. Lucido was no longer living in the Frederick area and was ready to streamline his commercial investments in Historic Downtown Frederick, Maryland. His goal: to divest 5 of his 6 properties, all along the Market Street corridor.
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Common Market Moves into Second Location
Warner Commercial is pleased to be a partner of Common Market and congratulates them on the grand opening of their second location in the former 7th Street Safeway in Frederick, Maryland. This second locations the culmination of a long relationship and a great deal of commitment from a business that got its start more than 40 years ago.
Carroll Creek Business Park – A Case Study in Transformational Redevelopment
From historic properties to prominent storefronts, our goal is to help property and business owners join in the growth of Frederick as spaces transition in ownership and function.
The Carroll Creek Business Park is an example of that.
When the longtime-manufacturing site became vacant next to McCutcheon’s, a new vision was needed in order to capitalize on the property’s value and location adjacent to the Carroll Creek Linear Park. That’s where Warner Commercial came in.
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Derelict Manufacturing Conversion to Unique Class A Architects Office Suite
After two decades on the corner of Market and Church streets, Proffitt and Associates Architects needed to expand, but demanded an alternative in the downtown and Warner Commercial connected their office needs with the developers of 49 South Carroll Street.
Negotiating for a long term tenant and extensive rehabilitation, Warner Commercial developed a win-win strategy.
In June 2016, the architectural firm opened their doors after Warner Commercial’s oversight and assistance in almost all facets of the deal, from financing, budgeting, permitting, and construction management to sign installation.
Francis Scott Key Hotel: Conversion from Nursing Home to Mixed Use Commercial and Luxury Apartments
Francis Scott Key Hotel: Conversion from Nursing Home to Mixed Use Commercial and Luxury Apartments
When Struever Brothers Eccles and Rouse (SBER) was looking for assistance in the redevelopment of this historic building, they turned to Warner Commercial. From meeting with City politicians to building permit issues, Warner Commercial was a key team member. In addition, Warner Commercial has handled all the commercial leasing for more than a decade and over time has assisted the commercial tenants with the necessary steps to having their doors open and ready for business.
100 North Court Street Conversion from Residential Apartments to Commercial Office Space
100 North Court Street Conversion from Residential Apartments to Commercial Office Space
Acting as the consultant for this historic property, Warner Commercial marketed and coordinated permitting for the building’s owner, oversaw the redevelopment process, sold the property to its new owners and has been leasing the property for more than a decade.