In The News

Baltimore, MD (January 20, 2017) — Blue Ocean Realty, one of Baltimore’s largest real estate investment companies, has been recognized as a SmartCEO Future 50 company.  Future 50 winners are chosen based on a three-year average of employee and revenue growth and generate an excess of $5 million in annual revenue. As one the region’s fastest growing, mid-sized companies, Blue Ocean was recognized by SmartCEO for “representing the future of the region’s economy and embodying the entrepreneurial spirit critical for […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]