In The News

BALTIMORE, MD (February 29, 2016) — Blue Ocean recently purchased The Courts at Nunnery Lane in Catonsville, MD. The Courts at Nunnery is a 93-unit, garden style apartment community. The community is made up exclusively of 2 bedroom apartments spread out over 23 separate entryways. The property is also improved by 11 garages that are leased separately from the apartments. Blue Ocean endeavored to purchase The Courts at Nunnery because of the property’s tremendous potential. Neglected and mismanaged for many […]

BALTIMORE, MD — Blue Ocean, one of Baltimore’s largest privately held commercial and multifamily property management and investment firms, recently launched a new website as part of the rebranding of the company’s image. In addition to the new website, the rebranding includes a new company tagline “A Better Place for You”. The new mantra is exemplified in the new website’s functionality, which offers a more comprehensive user experience for its commercial tenants and apartment residents. The site’s refreshed and simplified […]

One of only 44 firms honored at the SmartCEO awards event Baltimore, MD (December 31, 2015) — Blue Ocean, one of the largest owner-managed investment companies in the Baltimore metropolitan area, is the 2015 recipient of the Corporate Culture Award from SmartCEO. Blue Ocean was honored in December at the SmartCEO awards event in the Under Armour facility in Baltimore and was featured in the Nov/Dec issue of SmartCEO magazine. Winners are recognized for fostering a creative, collaborative workplace that […]

BALTIMORE, MD — Blue Ocean leaped from number 13 to number 10 on the Baltimore Business Journal’s 2015 list of largest residential property management companies in the Baltimore area. Over the past few years, Blue Ocean has steadily increased its position on the list as the company continues to grow. Blue Ocean experienced tremendous growth in 2015 adding several new assets to their portfolio, including The Greens of Forest Park, The Westwinds in Frederick, and their largest acquisition of the […]

BALTIMORE, MD (June 30, 2015) — Blue Ocean Realty has earned the distinction of earning a re-certification for Baltimore’s only LEED-EB Gold certified office tower in the central business district. Located just blocks from City Hall and the Inner Harbor, 201 North Charles Street is a 28-story Class-A office building with 264,126 square feet of space.  201 North Charles Street was built in 1967 and is currently the 13th-tallest building in the city. LEED-EB certification recognizes that 201 N. Charles […]

Blue Ocean Realty continues to gobble up properties in the Baltimore area, this time buying a 680,000-square-foot industrial building in Halethorpe. The Baltimore firm paid an undisclosed sum for the building at 1954 Halethorpe Farms Road. The seller was Halethorpe Business Trust. The building, that once manufactured aluminum parts for U.S. military aircraft, is fully occupied by seven tenants. More than half the building is leased by Alcoa, the aluminum manufacturing giant. The seller was represented by Michael Spedden and […]

BALTIMORE, MD — Blue Ocean is pleased to announce 2 additional communities to its growing Fee Managed portfolio. Local owners have taken notice of Blue Ocean and have enlisted their Professionalism to Manage 2 new communities. The Greens at Forest Park and West winds in Frederick Maryland. The addition will add approximately 350 units to Blue Ocean’s existing Multi-family portfolio. “Blue Ocean is accomplishing two things with this deal. 1. We are expanding our Fee Managed portfolio while allowing outside […]