As part of the acquisition, Atapco plans to preserve the community’s existing affordability, with all apartments remaining at or below 80% of Area Median Income (AMI). The company intends to maintain this affordability without seeking or receiving local, state, or federal subsidy funding. “This is more than a real estate transaction—it’s a commitment to the community,” said Nihar Shah, Vice President of Acquisitions and Development at Atapco Properties. “We are intentionally acquiring this asset to preserve affordable and attainable housing in a market where rising barriers to development have limited the creation of new housing options. We believe everyone deserves access to stable, quality housing, and this investment reflects our long-term commitment to protecting that opportunity for current and future residents.”

In addition to preserving affordability, Atapco plans to make significant investments in modernizing the property and enhancing resident amenities. Planned improvements include renovations to apartment homes as units become available, upgraded fitness and community spaces, energy-efficiency enhancements, and refreshed landscaping and property branding. These improvements are designed to enhance residents’ quality of life while ensuring the longterm vitality of the community and will build upon the improvements Walker & Dunlop invested into the community.

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Atapco Properties is a wholly owned subsidiary of American Trading and Production Corporation, which was originally formed in 1931 to consolidate, expand and diversify the business activities of the Blaustein family, the founders of the American Oil Company (AMOCO). Atapco Properties is active in Maryland, Indiana, Delaware, North Carolina, Pennsylvania, and Virginia, developing state-of-the-art industrial, retail, residential, office and mixed-use projects with an emphasis on sustainability and green building standards. For more information on Atapco Properties, visit www.atapcoproperties.com.

Media Contact:
Sally Zabel, Marketing & Communications Manager, Atapco Properties
410-347-7258
szabel@atapco.co

The post ATAPCO PROPERTIES ACQUIRES 9-STORY APARTMENT COMMUNITY IN GREENBELT, MD appeared first on Atapco Properties.

The property, located on Boston Boulevard within Virginia 95 Business Park, currently houses two vacant two-story office buildings that will be demolished to make way for the new development. The site is positioned at the end of a cul-de-sac and offers exceptional access to major transportation corridors, including Fairfax County Parkway, approximately one mile west of Interstate 95 and four miles south of Interstate 495.

“The acquisition of this site represents an important milestone in our continued investment in strategically located industrial assets throughout the region,” said Kristina Moore, Vice President of Development at Atapco Properties. “With direct access to the I-95 corridor and close proximity to Washington, D.C., this location is ideally suited for a Class A warehouse facility that will meet the growing demand for high-quality logistics and distribution space. We look forward to delivering a modern, efficient development that supports our tenants’ operational needs while contributing to the region’s economic growth.”

Designed as a Class A warehouse facility, Virginia 95 Logistics will feature rear-load functionality, 32-foot clear heights, 43 dock door positions, one drive-in door, and 19 trailer parking spaces. The project will also include up to 132 automobile parking spaces to support tenant operations and employee needs.

Atapco Properties expects to begin demolition of the existing office buildings in Fall 2026, with construction commencing shortly thereafter. The project is scheduled for delivery end of Q4
2027. Virginia 95 Logistics will be developed through a joint venture between Atapco Properties and Ausblick Development.

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Atapco Properties is a wholly owned subsidiary of American Trading and Production Corporation, which was originally formed in 1931 to consolidate, expand and diversify the business activities of the Blaustein family, the founders of the American Oil Company (AMOCO). Atapco Properties is active in Maryland, Indiana, Delaware, North Carolina, Pennsylvania, and Virginia, developing state-of-the-art industrial, retail, residential, office and mixed-use projects with an emphasis on sustainability and green building standards. For more information on Atapco Properties, visit www.atapcoproperties.com.

Media Contact:
Sally Zabel, Marketing & Communications Manager, Atapco Properties
410-347-7258
szabel@atapco.com

The post ATAPCO PROPERTIES ACQUIRES SPRINGFIELD SITE FOR 146,425-SQUARE-FOOT CLASS A INDUSTRIAL DEVELOPMENT appeared first on Atapco Properties.

Spanning over 3,500 square feet with an expansive 800-square-foot outdoor patio, ViVa offers a diverse menu featuring signature Italian cuisine alongside American staples like wings, burgers, and cheesesteaks.

The restaurant’s defining feature is its seamless integration of robotics. Upon arrival, guests are welcomed by a virtual hostess and seated via a streamlined self-service system. To provide a highefficiency, tip-free dining experience, guests order via QR codes, while a fleet of four OrionStar Robotics robots handles table delivery. For those who prefer a traditional touch, physical menus and “call buttons” for human assistance are readily available. “ViVa represents a bold step forward in the dining experience,” said Gina Palma. “By leveraging technology for service, we can focus on delivering high-quality food in a vibrant, modern atmosphere.”

This marks Palma’s fourth location in the Greater Baltimore area, following the success of Facci Ristorante in Laurel (2010), Turf Valley (2013), and the Inner Harbor (2024).
ViVa Italian Kitchen Pizza Bar is open seven days a week for lunch, dinner, and happy hour.

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Atapco Properties is a wholly owned subsidiary of American Trading and Production Corporation, which was originally formed in 1931 to consolidate, expand and diversify the business activities of the Blaustein family, the founders of the American Oil Company (AMOCO). Atapco Properties is active in Maryland, Indiana, Delaware, North Carolina, Pennsylvania, and Virginia, developing state-of-the-art industrial, retail, residential, office and mixed-use projects with an emphasis on sustainability and green building standards. For more information on Atapco Properties, visit www.atapcoproperties.com.

Media Contact:
Sally Zabel
Atapco Properties, Marketing and Communications Manager
szabel@atapco.com

The post ATAPCO PROPERTIES ANNOUNCES OPENING OF VIVA ITALIAN KITCHEN PIZZA BAR IN ELKRIDGE appeared first on Atapco Properties.

The CSX Select Site designation is awarded to development-ready properties along the CSX network where land-use considerations and comprehensive due diligence have been pre-addressed. This “shovel-ready” status significantly reduces construction timelines, allowing manufacturers to bring products to market faster.

“The Silver CSX Select Site designation for Enterprise Center at Va Port Logistics Park is an outstanding achievement”, said Suffolk Mayor Michael Duman. “We appreciate CSX for recognizing the tremendous potential of this site and we look forward to the designation as a tool to accelerate economic growth by attracting top-level manufacturing and industrial companies.”

To earn this designation, the Enterprise Center met a rigorous set of criteria, including:

· Infrastructure & Utilities: Confirmed availability and capacity.

· Environmental & Zoning: Completed reviews, air quality permitting, and proper entitlement.

· Logistics Connectivity: Proven rail serviceability and close proximity to major highways and interstates.

“We are incredibly proud of this recognition, which serves as a testament to the site’s exceptional infrastructure and strategic location,” said Russel Powell, President of Atapco Properties. “This designation by CSX validates this property’s status as a premier logistics hub capable of generating long-term job creation and economic prosperity for the entire region.”

“We are excited to see the Enterprise Center at Virginia Port Logistics Park earn this Select Site designation,” said Sarah McCoy, Interim CEO of the Virginia Port Authority. It reflects the hard work of our partners and the market confidence in the infrastructure, location, and future

capabilities of this growing global gateway. Additional visibility from CSX’s announcement only strengthens the momentum we’re building across the Commonwealth.”

CSX introduced the Select Site program in 2012 to streamline the site-selection process for customers. Working alongside Austin Consulting, a nationally recognized firm, CSX screens candidate sites to ensure they are prepared for immediate, large-scale industrial development.

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Atapco Properties is a wholly owned subsidiary of American Trading and Production Corporation, which was originally formed in 1931 to consolidate, expand and diversify the business activities of the Blaustein family, the founders of the American Oil Company (AMOCO). Atapco Properties is active in Maryland, Indiana, Delaware, North Carolina, Pennsylvania, and Virginia, developing state-of-the-art industrial, retail, residential, office and mixed-use projects with an emphasis on sustainability and green building standards. For more information on Atapco Properties, visit www.atapcoproperties.com.

Media Contact:

Sally Zabel

Atapco Properties, Marketing and Communications Manager

szabel@atapco.com

The post ATAPCO PROPERTIES’ ENTERPRISE CENTER AT VIRGINIA PORT LOGISTICS PARK EARNS PRESTIGIOUS CSX SELECT SITE DESIGNATION appeared first on Atapco Properties.

Occupying a nearly 2,700-square-foot space, Haraz Coffee House combines traditional Middle Eastern flavors with a modern aesthetic. The interior features a sophisticated design characterized by white marble surfaces and intricate dark wood patterns—a nod to the rich heritage of Yemen. With ample cozy seating, the café is designed to be a community hub for students, professionals, and residents to gather and connect. “We are thrilled to welcome Haraz Coffee House to University City,” said Daniel Ghitman, Asset Manager of Atapco Properties. “Their commitment to high-quality ingredients and cultural storytelling makes them a perfect fit for the vibrant atmosphere at Verde at McCullough Station.”

The menu features a wide array of specialty beverages, including traditional Yemeni pour-over coffee, spiced teas and matcha, house-made pastries, cold brews and specialty lattes. This opening marks Haraz Coffee’s fourth location in the Charlotte market, joining existing outposts in Ballantyne, Plaza Midwood, and South End. Since its 2021 debut in Dearborn, Michigan, the brand has rapidly expanded to more than 30 locations nationwide, driven by its mission to share Yemen’s centuries-old coffee culture with the world. Location Details: 8320 University Executive Park Dr., Ste B, Charlotte, NC 28262

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Atapco Properties is a wholly owned subsidiary of American Trading and Production Corporation, which was originally formed in 1931 to consolidate, expand and diversify the business activities of the Blaustein family, the founders of the American Oil Company (AMOCO). Atapco Properties is active in Maryland, Indiana, Delaware, North Carolina, Pennsylvania, and Virginia, developing state-of-the-art industrial, retail, residential, office and mixed-use projects with an emphasis on sustainability and green building standards. For more information on Atapco Properties, visit www.atapcoproperties.com.

Media Contact:
Sally Zabel
Atapco Properties, Marketing and Communications Manager

The post HARAZ COFFEE HOUSE EXPANDS CHARLOTTE FOOTPRINT WITH NEW UNIVERSITY CITY LOCATION appeared first on Atapco Properties.

“Completing the sale of this warehouse reflects the strength of the industrial market and the quality of the asset,” said Brian Conklin, Vice President of Acquisitions for Atapco Properties. “We are proud to have delivered this state-of-the-art logistics center.”

Atapco Properties originally acquired the 32-acre site in 2021 and developed the property as a build-to-suit project, completing the Class A warehouse in the summer of 2023.

The facility is secured by a 20-year lease with the U.S. General Services Administration (GSA).

Facility Highlights

The state-of-the-art logistics center features:

• 22,710 pallet spaces.
• 44 dock doors.
• Trailer parking for 286 semi-trailers.
• A dedicated maintenance workshop, including charging stations for electric forklifts and a specialized area for metalworking.

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Atapco Properties is a wholly owned subsidiary of American Trading and Production Corporation, which was originally formed in 1931 to consolidate, expand and diversify the business activities of the Blaustein family, the founders of the American Oil Company (AMOCO). Atapco Properties is active in Maryland, Indiana, Delaware, North Carolina, Pennsylvania, and Virginia, developing state-of-the-art industrial, retail, residential, office and mixed-use projects with an emphasis on sustainability and green building standards. For more information on Atapco Properties, visit www.atapcoproperties.com.

Media Contact:
Sally Zabel
Atapco Properties, Marketing and Communications Manager
szabel@atapco.com

The post ATAPCO PROPERTIES SELLS 251,000 SF GSA DISTRIBUTION CENTER IN PENNSYLVANIA appeared first on Atapco Properties.

Industrial property investor Terreno Realty Corp. has expanded its D.C.- area portfolio with the acquisition of a 180,000-square-foot shell warehouse in Hyattsville.

Bellevue, Washington-based Terreno (NYSE: TRNO) paid $50 million for the class A property at 2300 Craftsman Circle and intends to invest another $7.6 million to build out the interior, the company said Friday. It expects construction to be completed in early 2027.

The seller was Baltimore-based Atapco Properties, which acquired the property for $15 million in August 2020, according to Prince George’s County property records. The building was assessed at $26.1 million in July.

The rear-load industrial building sits on 14.1 acres near the intersection of the the Baltimore-Washington Parkway and Route 50, about a mile from the D.C. line. It contains 45 loading docks and has parking for 156 cars.

Terreno is a real estate investment trust that acquires and operates industrial properties in six major metropolitan markets: Los Angeles, Miami, New York, San Francisco, Seattle and D.C. As of Sept. 30, it owned more than 300 buildings totaling more than 20 million square feet.

Its acquisition of the Hyattsville property expands its D.C.-area portfolio to 28 buildings totaling just under 2.2 million square feet. In 2024, it acquired the four-building Fleet Industrial Park in Franconia for $83.7 million and in 2023 it bought a newly delivered 33,000-square-foot warehouse on V Street NE in D.C. for $13.4 million.

Its local properties are 96.4% occupied, according to Terreno’s website.

The post TERRENO REALTY BUYS SHELL WAREHOUSE IN HYATTSVILLE FOR $50M appeared first on Atapco Properties.

“This acquisition is exciting for Atapco Properties and represents a significant expansion of our commitment to the Charlotte area,” said Russel Powell, Chief Operating Officer of Atapco Properties. “We already own and operate University Executive Park and recognized the potential of expanding our portfolio with this unique lot development opportunity. We are investing in the future vitality of a dynamic community that values accessibility and connectivity.”

This premier location is situated at the intersection of Old Statesville Road and Ratcliff Lane, offering superior connectivity with a new dedicated sidewalk and biker-path providing direct access to the Irwin Creek Greenway.

The project includes the development of an upgraded CATS (Charlotte Area Transit System) bus waiting pad. The property is also strategically located within three-quarters of a mile of the proposed Lynx Red Line commuter rail Harris Station, ensuring long-term value and connectivity for residents.

Site work is scheduled to begin in 2025, with first lot deliveries projected for Spring 2026.

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Atapco Properties is a wholly owned subsidiary of American Trading and Production Corporation, which was originally formed in 1931 to consolidate, expand and diversify the business activities of the Blaustein family, the founders of the American Oil Company (AMOCO). Atapco Properties is active in Maryland, Indiana, New Jersey, North Carolina, Pennsylvania, and Virginia, developing state-of-the-art industrial, retail, residential, office and mixed-use projects with an emphasis on sustainability and green building standards. For more information on
Atapco Properties, visit www.atapcoproperties.com.

Media Contact:
Sally Zabel
Atapco Properties
Marketing and Communications Manager
szabel@atapco.com

The post ATAPCO PROPERTIES ACQUIRES RESIDENTIAL LOT COMMUNITY IN CHARLOTTE, NC appeared first on Atapco Properties.

The new Sheetz convenience store will span approximately 5,000 square feet and will feature a comprehensive fuel station with three underground fuel tanks and 12 gas pump locations. The new store will have six EV charging stations, but they won’t be operational until a few months after the store’s grand opening. “Bringing this new Sheetz location to Belmont Greene will not only offer an all-in-one convenience experience to the Ashburn community but will also serve as a valuable partner to our neighbors,” said Kristina Moore, Vice President of Development for Atapco Properties. “We are thrilled to be breaking ground on this project and are confident that it will become a go-to destination for residents and commuters alike.”

The store is expected to open in February 2026.

###

Atapco Properties is a wholly owned subsidiary of American Trading and Production Corporation, which
was originally formed in 1931 to consolidate, expand and diversify the business activities of the
Blaustein family, the founders of the American Oil Company (AMOCO). Atapco Properties is active in
Maryland, Indiana, Delaware, North Carolina, Pennsylvania, and Virginia, developing state-of-the-art
industrial, retail, residential, office and mixed-use projects with an emphasis on sustainability and green
building standards. For more information on Atapco Properties, visit www.atapcoproperties.com.

Media Contact:
Sally Zabel, Marketing & Communications Manager, Atapco Properties
410-347-7258
szabel@atapco.com

The post ATAPCO PROPERTIES ANNOUNCES NEW SHEETZ STORE UNDERWAY IN ASHBURN appeared first on Atapco Properties.

The Towne Lakes Community will offer residents a high-quality lifestyle with amenities including a clubhouse, swimming pool, and fishing pier—all designed to foster a strong sense of place and community.

“We are incredibly excited to announce the acquisition of our first residential lot project in Delaware,” said Russ Powell, Chief Operating Officer of Atapco Properties. “This marks a significant milestone as we expand our footprint into the vibrant Delaware market. We look forward to contributing to the local community by delivering an exceptional neighborhood that meets the needs of today’s homebuyers. We see tremendous potential in this region and are committed to building a lasting presence here.”

Strategically located just minutes from Dupont Boulevard and directly adjacent to the Peninsula Crossing shopping center, Towne Lakes will provide future residents with convenient access to retail, services, and transportation corridors.

Site development is expected to begin in fall 2026, with the first lot deliveries anticipated by summer 2027.

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Atapco Properties is a wholly owned subsidiary of American Trading and Production Corporation, which was originally formed in 1931 to consolidate, expand and diversify the business activities of the Blaustein family, the founders of the American Oil Company (AMOCO). Atapco Properties is active in Maryland, Indiana, Delaware, North Carolina, Pennsylvania, and Virginia, developing state-of-the-art industrial, retail, residential, office and mixed-use projects with an emphasis on sustainability and green building standards. For more information on Atapco Properties, visit www.atapcoproperties.com.

Media Contact:

Sally Zabel, Marketing & Communications Manager, Atapco Properties

410-347-7258

szabel@atapco.com

The post ATAPCO PROPERTIES ANNOUNCES ACQUISITION OF FIRST RESIDENTIAL LOT COMMUNITY IN DELAWARE appeared first on Atapco Properties.