Baltimore Checkbook

Bowling for dollars: The financial Xs and Os...

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’Tis the season for bowling. Starting this month, hundreds of thousands of sports fans of varying ages and stages of life will descend on a select group of American cities to partake in an annual pilgrimage commonly known as College Bowl Season. In the process, they’ll deliver an economic boost that will ripple through the local host communities for months to come. American City Business Journals has combed through the most-recent tax filings of the nearly two dozen organizing committees charged…

Maryland adds 100 jobs in November, unemployment...

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Maryland added 100 jobs in November, keeping the state’s unemployment rate steady at 4.2 percent. The increase was boosted by 2,220 jobs in the leisure and hospitality sector and 1,100 in manufacturing, according to preliminary figures released Friday by the The U.S. Department of Labor’s Bureau of Labor Statistics. Government jobs rose by 1,900 in November. The professional and business services industry increased jobs by 1,000. Meantime, several sectors posted decreases from October to November.…

Office Movers closure: Elkridge building owner...

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The owners of a highly visible warehouse off Interstate 95 are searching for a new tenant amid the abrupt closure of the Kane Cos. Office Movers, a division of the Kane Cos., has occupied the building at 6550 Meadowridge Road in Elkridge since the 82,000-square-foot property was built in 2004. The property’s owner, Frederick-based the Matan Cos., says interest is high for the space amid a hot industrial market. JP Matan, director of leasing for the Matan Cos., said Office Movers is currently in…

Student housing community near Johns Hopkins sells...

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A Pennsylvania real estate investment firm has acquired a student housing community located adjacent to the Johns Hopkins University campus for nearly $43 million. Newtown Square, Pa.-based GMH Capital Partners, acquired the 328-bed community located at 3700 N. Charles St. from H.B. Northway Limited Partnership and rebranded it as The Academy on Charles. The 83-year-old building was previously known as Varsity on Charles. State records show the deal closed on Nov. 15 for $42.7 million, according…

8 things you need to know this morning

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Good morning and happy Friday to you all. It might be the end of the work week, but unfortunately it’s not the end of this bitter cold weather. Temperatures will stay below freezing again today so bundle up like Ralphie’s little brother Randy in “A Christmas Story” if you’ll be venturing outside. Here are eight things to know to get your day started: U.S. Attorney General Loretta Lynch spoke to Baltimore officials Thursday, encouraging them to work with the federal government to rebuild police…

The 5 highest-paid lobbyists in Maryland in 2015

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Timothy Perry of Perry, White, Ross & Jacobson LLC remains the highest-paid lobbyist in Maryland for the fourth year in a row. Perry’s total compensation grew about 18 percent in 2015. Some of Perry’s clients include Anheuser-Busch Cos., IBM, Wegmans Food Markets Inc. and Maryland Horse Breeders Association. This week’s List looks at the highest-paid lobbyists in Maryland, ranked by total compensation from lobbying in fiscal year 2015. Information was provided by the Maryland State Ethics Commission.…

40 Under 40 nominations are live for the class of...

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The Baltimore Business Journal may have just celebrated the 40 Under 40 class of 2016 but it’s ready to look ahead to 2017. So we’re launching the new nomination form for the 40 Under 40 class of 2017. The deadline for submissions is Aug. 11, 2017. For those who aren’t familiar with 40 Under 40, it’s an annual BBJ publication that honors 40 professionals in Greater Baltimore under the age of 40. The honorees are leaders who are improving and innovating Greater Baltimore business, their companies…

New Tenable CEO plans to continue high-growth,...

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Tenable Network Security’s new CEO Amit Yoran plans to continue driving the company’s rapid growth culture, but isn’t ready to talk about possibly taking the company public. Tenable currently has eight offices, an official business presence in 20 countries and employs more than 800 people. The company serves over 200,000 customers worldwide and has touted plans to continue growing quickly, including bringing in hundreds of new hires in the next few years. Yoran said he plans to stay on track with…

Freebie Friday: Free Shipping Day, free eats at...

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Happy Freebie Friday!

Have you finished holiday shopping? Procrastinate no more! Friday is Free Shipping Day, where more than 1,200 retailers offer free shipping with guaranteed delivery by Christmas Eve. Also, take an afternoon break after shopping with get buy-one-get-one-free eats at Joe’s Crab…

Opinion: What Baltimore and D.C. can do to start...

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In “building a case for regionalism between Baltimore and D.C.,” published Dec. 9, Melody Simmons reported on a recent meeting of Baltimore and Washington stakeholders. As a planner-writer with experience in both communities, I believe building the Baltimore and Washington metropolitan areas into a single region is dependent on three things: 1. Each metro needs to “get its house in order” by functioning and acting at a “best practice” level; 2. More efficient physical connections need…