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In The News

Blue Ocean Partners with Casey Cares Foundation

Blue Ocean recently joined with Casey Cares Foundation, a local organization dedicated to putting smiles on the faces of critically ill children and their families, for its most recent community partnership event. “Yesterday Blue Ocean’s staff had the pleasure of partnering with Casey Cares Foundation to help sponsor an event at Ripley’s Believe It or Not located in downtown Baltimore. Sharing this experience and enjoying the smiles on the kids’ faces really warmed our hearts. It made us proud to […]

Press Contact
Monica Kolbay | Director of Marketing
ArachnidWorks, Inc.
240-285-9844 | Office
monica@arachnidworks.com

Blue Ocean Acquires 144-Unit Waterfront Multifamily Community in Howard County

SAVAGE, MD – February 03, 2020 – Blue Ocean, the Maryland-based real estate firm, has expanded its footprint into Howard County, Maryland, acquiring The River Front Apartments in Savage, MD. This 144-unit, waterfront and gated, residential community is centrally located in Howard County only a few miles from Downtown Columbia and providing residents immediate access to Washington, D.C., Baltimore, Annapolis and Northern Virginia. The purchase of The River Front Apartments is reflective of Blue Ocean’s long-term strategy to acquire real […]

Press Contact
Monica Kolbay | Director of Marketing
ArachnidWorks, Inc.
240-285-9844 | Office
monica@arachnidworks.com

Blue Ocean Visits MD SPCA for Day of Service

Founded on the simple notion that every animal deserves to be treated with compassion and care, the Maryland Society for the Prevention of Cruelty to Animals (MD SPCA) has been improving the lives of pets and people for the past 150 years. On January 23, a group of volunteers from Blue Ocean spent the day with this remarkable organization, helping in small but important ways to fulfill their mission. Fifteen Blue Ocean team members participated in this voluntary community partnership […]

Press Contact
Monica Kolbay | Director of Marketing
ArachnidWorks, Inc.
240-285-9844 | Office
monica@arachnidworks.com

Blue Ocean and Coppermine Fieldhouse partner to bring health & fitness to the DoubleTree by Hilton Hotel and Conference Center in Pikesville, MD

PIKESVILLE, MD – NOVEMBER 4, 2018 – Shortly after acquiring the DoubleTree hotel, Blue Ocean entered into a strategic partnership with Coppermine Fieldhouse to assume control and operate the hotel’s tennis and fitness facility. Located at 1726 Reisterstown Road, the 50,000 square foot venue features 6 indoor tennis courts, locker rooms, a group fitness studio, and an outdoor pool and health club.  This area was the former Baltimore Fitness & Tennis Club that was adjacent to the hotel. Coppermine President […]

Press Contact
Monica Kolbay | Director of Marketing
ArachnidWorks, Inc.
240-285-9844 | Office
monica@arachnidworks.com

Prescott apartment building

Prescott Square is latest Blue Ocean community to transition out of the portfolio

BALTIMORE, MD — Following Blue Ocean’s investment analysis and advice, the Prescott Square Apartments ownership group proceeded with the sale of Prescott Square Apartments. Prescott Square is a 74 unit, garden community located at 4400 Old Court Rd. The property was purchased by Signature Properties – another Pikesville based real estate investment company. President, Jonathan Ehrenfeld said, “Overall we were very pleased with the outcome of this transaction. Our team executed our business plan exceptionally well. With the sale of […]

Press Contact
Monica Kolbay | Director of Marketing
ArachnidWorks, Inc.
240-285-9844 | Office
monica@arachnidworks.com

building complex

Blue Ocean Continues Portfolio Expansion with Acquisition of 320-Unit Apartment Community in Greenbelt, MD

GREENBELT, MD – March 16, 2017 – Blue Ocean continues its rapid growth and repositioning of its portfolio by purchasing The Hanover Apartments in Greenbelt, MD. The 320-unit, garden-style residential community is located on Hanover Parkway, near the I-495/95 and I-295 interchanges, providing residents immediate access to Washington DC, Baltimore, Annapolis and the surrounding region. The purchase of The Hanover Apartments is a clear representation of Blue Ocean’s long-term strategy to acquire real estate in ‘Class A’ locations, that provide […]

Press Contact
Monica Kolbay | Director of Marketing
ArachnidWorks, Inc.
240-285-9844 | Office
monica@arachnidworks.com

future 50 company

Blue Ocean Recognized by SmartCEO as a Baltimore Region Future 50 Company

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 […]

Press Contact
Monica Kolbay | Director of Marketing
ArachnidWorks, Inc.
240-285-9844 | Office
monica@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
Monica Kolbay | Director of Marketing
ArachnidWorks, Inc.
240-285-9844 | Office
monica@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
Monica Kolbay | Director of Marketing
ArachnidWorks, Inc.
240-285-9844 | Office
monica@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
Monica Kolbay | Director of Marketing
ArachnidWorks, Inc.
240-285-9844 | Office
monica@arachnidworks.com