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The Sale of Three Multi-family Projects

BALTIMORE, MD — With the recent successful sales of three multi-family projects, Blue Ocean has continued to implement its strategy of selling some of their older, none-core properties. Specifically, in recent months Blue Ocean sold Parkside Manor, Symphony Homes at Purdue Gardens, and Belvieu Gardens. In completing these sales Blue Ocean has been able to reallocate resources to other larger and more recent projects in their portfolio. This will allow the company to continue to the robust growth that it […]

Press Contact
Allison Roemer | Director of Marketing
ArachnidWorks, Inc.
240-285-9844 | Office
allison@arachnidworks.com

property building

Blue Ocean announces the sale of the Baltimore VA Annex

BALTIMORE, MD — Blue Ocean is pleased to announce the recent sale of the Baltimore VA Annex at 209 West Fayette Street. The property was sold to a west coast investment company. This purchase represented their first investment in Baltimore. The 80,000-square-foot, seven-story building was built in 1920. This historical building is just a short distance from the Baltimore VA Medical Center. Blue Ocean was represented by Marcus & Millichap’s John Smelter, a senior director of the company’s Healthcare Real […]

Press Contact
Allison Roemer | Director of Marketing
ArachnidWorks, Inc.
240-285-9844 | Office
allison@arachnidworks.com

apartment home

Baltimore’s Symphony Homes apartment complex sells for $2.625M

BALTIMORE, MD (November 2016) The 43-unit Symphony Homes apartment complex in Northeast Baltimore sold this month for $2.625 million.  State records show that Blue Ocean Realty, based in Pikesville, sold the development to Symphony Homes LLC. Ari Azarbarzin, of Greysteel’s Baltimore office, brokered the deal. Greysteel, a national commercial real estate firm, represented Blue Ocean Realty. The 96-year-old property, located at 5683-5689 Purdue Avenue, is situated in the Northwood neighborhood of Baltimore, adjacent to the 113,000-square-foot Alameda Marketplace. The property […]

Press Contact
Allison Roemer | Director of Marketing
ArachnidWorks, Inc.
240-285-9844 | Office
allison@arachnidworks.com

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Blue Ocean Realty Welcomes Jill McKinley as Director of Multifamily

BALTIMORE, MD (August 24, 2016) — Blue Ocean continues to successfully recruit top industry talent to join its team for additional support to its current infrastructure in anticipation of future growth. As one of Baltimore’s largest privately held multifamily and commercial property management and investment firms, Blue Ocean announced today that Jill McKinley has joined the organization as the Director of Multifamily. Jill arrives at Blue Ocean having spent the last 15 years at The Donaldson Group where her most […]

Press Contact
Allison Roemer | Director of Marketing
ArachnidWorks, Inc.
240-285-9844 | Office
allison@arachnidworks.com

belvedere towers apartments

Blue Ocean Purchases 237-Unit Apartment Community in Roland Park

BALTIMORE, MD – July 5, 2016 – Blue Ocean has continued its rapid growth by acquiring Belvedere Towers Apartments. This 237-unit mid-rise apartment community sits at the corner of Falls Road and Northern Parkway in Roland Park, adjacent to the village of Mt. Washington. The community contains a wide range of oversized apartments from studios to three bedrooms and offers a host of amenities including a modern fitness center, outdoor pool, community lounge and on-site café. Blue Ocean, in partnership with […]

Press Contact
Allison Roemer | Director of Marketing
ArachnidWorks, Inc.
240-285-9844 | Office
allison@arachnidworks.com

blue ocean president

Blue Ocean President Earns Prestigious Ernst & Young Entrepreneur of the Year Award for Maryland

BALTIMORE, MD – June 10, 2016 – Founder and President of Blue Ocean, Jonathan Ehrenfeld, was recognized as Maryland’s 2016 Ernst & Young Entrepreneur of the Year in the service category. EY Entrepreneur Of The Year® has been celebrating entrepreneurs for more than 25 years. Recognized as one of the most prestigious business award programs in the country, the EY Entrepreneur Of The Year awards celebrate the country’s most innovative business leaders. The winners of the Entrepreneur Of The Year […]

Press Contact
Allison Roemer | Director of Marketing
ArachnidWorks, Inc.
240-285-9844 | Office
allison@arachnidworks.com

halethorpe farms commercial

Blue Ocean Secures Logistics Company for Long Term, 62,000 Sq. Ft. Lease

BALTIMORE, MD (May 2, 2016) — Blue Ocean has signed a long term lease with National Delivery Systems (NDS) for 62,000 square feet of industrial space at 1954 Halethorpe Farms Road in Halethorpe, Maryland. Blue Ocean purchased 1954 Halethorpe in the summer of 2015. Since purchasing the property Blue Ocean has signed several long-term leases, bringing the occupancy of the property to mid-90%. The deal also directly aligns with Blue Ocean’s long-term strategy of growing its industrial tenant base and […]

Press Contact
Allison Roemer | Director of Marketing
ArachnidWorks, Inc.
240-285-9844 | Office
allison@arachnidworks.com

Blue Ocean Building Bench Strength with Recent Hiring Wave

BALTIMORE, MD (April 15, 2016) — Blue Ocean’s rapidly growing portfolio has prompted the company to search for experienced and highly skilled professionals for additional support to its current infrastructure as well as its planned future growth. The Blue Ocean portfolio has grown significantly over the past several years, and is expected to continue expanding in the near future. As a result of the organization’s growth, three key roles were created and filled by individuals who share Blue Ocean’s passion […]

Press Contact
Allison Roemer | Director of Marketing
ArachnidWorks, Inc.
240-285-9844 | Office
allison@arachnidworks.com

blue ocean employees

Blue Ocean is Recipient of the 2016 JCS Employer Partnership Award

PIKESVILLE, MD (April 11, 2016) — JCS, a nonprofit human service agency, hosted its inaugural networking and awards breakfast, Strictly Business. Hundreds of the region’s top business leaders and employers were in attendance. Bob Caret, Chancellor of the University System of Maryland, and Mike Gill, Maryland Secretary of Commerce, were the event’s keynote speakers. Jennifer Gilbert of WBFF served as the Master of Ceremonies. The Strictly Business networking and awards breakfast honored employers who strengthen Maryland’s economy through a commitment […]

Press Contact
Allison Roemer | Director of Marketing
ArachnidWorks, Inc.
240-285-9844 | Office
allison@arachnidworks.com

SmartCEO Recognizes Tova Brody with Executive Management Award

BALTIMORE, MD (March 30, 2016) — Blue Ocean Director of HR, Tova Brody, was recognized by SmartCEO as one of the region’s management all-stars. Brody was a recipient of Smart CEO’s 2016 Baltimore Executive Management Award. The Executive Management Award program recognizes the leadership and accomplishments of upper management within a region. Award winners uphold the highest ethics, lead collaboratively and creatively, and enhance and support the organization’s mission. Nominations are reviewed by an independent committee of local business leaders […]

Press Contact
Allison Roemer | Director of Marketing
ArachnidWorks, Inc.
240-285-9844 | Office
allison@arachnidworks.com