|From:||Lenny Siegel <firstname.lastname@example.org>|
|Date:||Thu, 26 Jul 2012 12:42:30 -0700 (PDT)|
|Subject:||[CPEO-MEF] REUSE: COPT gives Fort Ritchie [MD] back to PenMar Development Corp.|
COPT gives Fort Ritchie back to PenMar Development Corp. Redevelopment planned by COPT symied by suit By Stephanie Harbaugh Waynesboro Record Herald (PA) July 25, 2012Cascade, Md. - Corporate Offices Properties Trust - Fort Ritchie’s owner since 2006 - has given the 591-acre property back to PenMar Development Corp. PMDC was formed in May 1997 to oversee the redevelopment of the property after Fort Ritchie was closed on the recommendation of the Base Realignment and Closure Commission.
In 2006, PMDC sold the former Army base to COPT for a total of $9 million - $5 million paid at the time and $4 million to be paid in 2016.
... For the entire article, seehttp://www.therecordherald.com/news/x688301988/COPT-gives-Fort- Ritchie-back-to-PenMar-Development-Corp
-- Lenny Siegel Executive Director, Center for Public Environmental Oversight a project of the Pacific Studies Center 278-A Hope St., Mountain View, CA 94041 Voice: 650/961-8918 or 650/969-1545 Fax: 650/961-8918 <email@example.com> http://www.cpeo.org _______________________________________________ Military mailing list Military@lists.cpeo.org http://lists.cpeo.org/listinfo.cgi/military-cpeo.org
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