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According to Real Capital Analytics, a New York real estate research firm, more than $160 billion of commercial properties in the United States are now in default, foreclosure, or bankruptcy. In 2024, office leasing volume rose to its highest level since 2020, but roughly 60% of active office leases went into effect prior to the pandemic. [ 5 ]
Maryland Route 214 (Central Avenue) intersects MD 2 and forms the southern boundary of the CDP leading east to the communities of Beverley Beach and Mayo. Maryland Route 253 (Mayo Road) curves through the center of the CDP in the Londontown neighborhood connecting Routes 2 and 214. Lee Airport is a general aviation airport in Edgewater.
A commercial area is real estate intended for use by for-profit businesses, such as office complexes, shopping malls, service stations, bars and restaurants. It may be purchased outright by a developer for future projects or leased through a real estate broker. This type of property falls somewhere between residential and industrial property.
Gresham is a historic home near Edgewater, Maryland.It is a large 2 + 1 ⁄ 2-story frame dwelling built in the late 1700s. [2]John Gresham II lived at Gresham after 1686 on land owned by land-grant pioneer Captain Edward Selby.
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Arden on the Severn is a census-designated place (CDP) in Anne Arundel County, Maryland.The population was 1,880 at the 2020 census. [3] Its homes offer residents private waterfront beaches including private docks and boat slips as well as access to four private community beaches.
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Maryland Route 214 (MD 214) is a state highway in the U.S. state of Maryland.Known for most of its length as Central Avenue, the highway runs 24.97 miles (40.19 km) from Southern Avenue and East Capitol Street at the District of Columbia boundary in Capitol Heights east to Beverley Beach.
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