Operator
Good day, everyone, and welcome to AvalonBay Communities Second Quarter 2021 Earnings Conference Call. [Operator Instructions]
Your host for today s conference is Mr. Jason Reilley, Vice President of Investor Relations. Mr. Reilley, you may begin.
Jason Reilley
Vice President of Investor Relations
Thank you, April, and welcome to AvalonBay Communities Second Quarter 2021 Earnings Conference Call. Before we begin, please note that forward-looking statements may be made during this discussion. There are a variety of risks and uncertainties associated with forward-looking statements, and actual results may differ materially. There is a discussion of these risks and uncertainties in yesterday afternoon s press release as well as in the company s Form 10-K and Form 10-Q filed with the SEC. As usual, this press release does include an attachment with definitions and reconciliations of non-GAAP financial measures and other terms, which may be used in today s discussion. The
Surge in Demand Fuels Increase of 1 6 Million Square Feet in Montgomery County, Maryland s Life Sciences Lab Inventory
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Recent development projects in the Bethesda area
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By David Hagedorn |
February 1, 2021
Poutine a dish popular in Quebec made with french fries topped with cheese curds and a gravy-like sauce is sold at the Pop-Up Poutine food truck and a Rockville storefront. Photo by Lindsey Max
Popping up
Two food trucks, Pop-Up Poutine and Pop-Up Patisserie, are wheeling around Montgomery County thanks to husband and wife entrepreneurs Greta Ober and Stephan Beauchesne.
The Canadians, who live in Germantown, met at Montreal’s McGill University in 1988 and married in 1989. (Beauchesne, who was born and raised in Montreal, is quick to clarify he’s French-Canadian; Ober’s from the province of Saskatchewan.) He has an MBA in finance and economics; she has a master’s degree in library and information science.
Rockville Office Building With Life Sciences Tenants Sells For $33M
The continued strength of Montgomery County s life sciences market has attracted a Florida-based investor.
Morning Calm Management paid $32.7M to acquire the Twinbrook Office Center, a Rockville office building with biotech and life sciences companies comprising nearly half of its tenancy, Newmark announced Tuesday.
Ivy Realty sold the asset, a six-story, 164K SF building that sits on a 2.4-acre site at 1700 Rockville Pike, across the street from the Twinbrook Metro station. It is located in an opportunity zone and has potential for additional development, according to Newmark. Newmark Executive Managing Directors Jud Ryan, James Cassidy and Cliff Cummings brokered the deal