Logistics Property Company Closes on First Development Site in the Washington D.C. Market

Logistics Property Company Closes on First Development Site in the Washington D.C. Market

Logistics Property Company, LLC (LogiPropCo), a logistics real estate owner, developer, and manager, has closed on a 22.5-acre site in Beltsville, Maryland. Located adjacent to MD-200 with immediate access to I-95, the site offers quick access to the Washington D.C. line, the Port of Baltimore, and Baltimore/Washington International Airport.

Construction on the site is expected to commence in early June. When complete, Beltsville Logistics Center will be comprised of approximately 270,000 square feet across two buildings.

Our team is excited to be in the Washington D.C. / Baltimore market,” said Mark Glagola, Senior Vice President of Logistics Property Company’s Northeast Region. “This area remains one of the country’s best industrial markets and the location in the Konterra area is best in class.”

Glagola and Paul Whitford, Development Manager, worked with the Newmark Mid-Atlantic Industrial Capital Markets team of Ben McCarty, Cris Abramson, Nick Signor and Henry Pleszkoch, who represented the seller.

“Beltsville Logistics Center represents a rare, fully-entitled development opportunity in an in-fill market that has not seen speculative development since 2007 due to the high barriers to entry and limited supply of available land,” said Ben McCarty, Managing Director at Newmark.

Beltsville Logistics Center is expected to deliver in Q3 2026.

Logistics Property Company, LLC is a logistics real estate operating company and investment manager focused on the acquisition, development, and management of modern logistics properties in key North American markets. The company executes a disciplined investment strategy, ensuring optimal outcomes for our investors, employees, communities, and environment. Headquartered in Chicago, Logistics Property Company has 80 employees strategically located across eight markets. Its portfolio is comprised of 67 buildings across 27.2 million square feet with an estimated end value of more than $4.1 billion.

Liquid Intrusion Brewing Company: Making Beer and Black History

Liquid Intrusion Brewing Company: Making Beer and Black History

Maryland Gov. Wes Moore listens intently as Jasmine Dill, co-owner of the Liquid Intrusion Brewing Company in Prince George’s County, explains her product. (Courtesy Photo/Liquid Intrusion Brewing Company)

After a hard day of work, many people head to their local convenience store to pick up beer, so they can go home, relax and drink their favorite brand while reflecting on their lives.

The most popular beers in the U.S., according to a November 2024 Forbes, are Modelo Especial, Bud Light, Michelob Ultra, Coors Light, and Corona Extra. In addition, a Statista survey reveals that Bud Light is a favorite among Black beer drinkers.

However, Andrew and Jasmine Dill, co-owners of Liquid Intrusion Brewing Company based in Brandywine, Maryland, are hoping people consider their brand when hoping to unwind to a tasty craft beer.

“We make a great beer,” Andrew Dill, 35, told The Informer. “When we create beer we use quality ingredients such as yeast, hops, malts and water. Our philosophy is that everyone likes beer, you just may not know your brand.”

The couple own and operate the first Black-owned brewery in Prince George’s County. The husband and entrepreneur noted that while they are the first, they are not the only African American owned breweries in the county, noting Black Beauty in Bowie and knowledge of a third that is in formation.

Read more of the story by James Wright Jr. of The Washington Informer HERE.

College Park Quantum Firm IonQ Lands $1B to Accelerate Growth

College Park Quantum Firm IonQ Lands $1B to Accelerate Growth

IonQ Inc. is headquartered at 4505 Campus Dr. in College Park. The company raised $1 billion through a stock sale on July 7.

The company has already made five acquisitions this year and its CEO says the new funding is a "validation" of its growth strategy. IonQ recently announced that they purchased Oxford Ionics for more than $1B, marking fifth acquisition since January.

Read More of the Washington Business Journal story by Nate Doughty HERE

Prince George’s County Companies Awarded State Grants to Advance Innovation Infrastructure

Prince George’s County Companies Awarded State Grants to Advance Innovation Infrastructure

Largo, MD — The Prince George’s County Economic Development Corporation (PGCEDC) proudly congratulates two outstanding Prince George’s County-based companies, HighT-Tech and Medcura, for being selected as recipients of the State of Maryland’s Build Our Future Grant Pilot Program. These competitive awards reflect the county’s growing strength in clean technology and biotechnology innovation.

On June 10, 2025, Governor Wes Moore announced the Maryland Department of Commerce had awarded $6.95 million across 10 projects to support infrastructure development in critical innovation sectors. Prince George’s County companies received nearly $1.34 million in total—further solidifying the county’s position as a hub for forward-thinking science and technology enterprises.

HighT-Tech, a clean-tech spinout from the University of Maryland, College Park and Johns Hopkins University, received $1 million to construct pilot manufacturing infrastructure to commercialize an innovative, electrified, rapid high-temperature manufacturing process. This process will disrupt the production of clean-tech materials, including advanced batteries and hydrogen electrolyzers.

Medcura, a biotechnology firm developing proprietary products for bleeding management solutions, received $333,333 to transform its headquarters into a fully integrated “end-to-end” manufacturing facility. This expansion will not only increase production capacity but will also bring all operations back to Maryland, enhancing local job creation and strengthening the state’s biotech ecosystem.

PGCEDC Business Development Director for Manufacturing and Warehousing Jose Burnes, Executive Director for Business Development Larry Hentz, and Director of Innovation & Entrepreneurship Alicia Moran have each worked closely with both HighT-Tech and Medcura over the years—providing vital resources, technical support, and access to networks that have helped incubate their growth.

“These awards are a testament to the innovation, persistence, and vision of our local companies,” said Jose Burnes. “Prince George’s County is home to world-class entrepreneurs and researchers, and we are proud to help them scale, manufacture, and make an impact.”

The Build Our Future Grant Pilot Program—launched under the Governor’s Innovation Economy Infrastructure Act of 2023—supports the development of innovation infrastructure in high-growth industries such as advanced manufacturing, biotechnology, quantum, cybersecurity, and clean tech. The program reflects Maryland’s continued commitment to economic growth, job creation, and inclusive prosperity.

Prince George’s County continues to rise as a premier location for business, research, and innovation, and PGCEDC remains committed to supporting the county’s innovation ecosystem at every stage of development.

**###

For media inquiries, contact:**

Rhett Butler

Marketing & Communications Manager

Prince George’s County Economic Development Corporation

www.pgcedc.com

Opening the Door to Opportunity: PGCEDC’s Innovation Station Hosts State Certification Workshop

Opening the Door to Opportunity: PGCEDC’s Innovation Station Hosts State Certification Workshop

By Rhett Butler

Prince George’s County Economic Development Corporation (PGCEDC) continued its mission to support inclusive economic growth by hosting a vital VSBE & SBR Certification Workshop today at the Innovation Station Business Incubator (ISBI).

In partnership with the Maryland Governor's Office of Small, Minority & Women's Business Affairs, the workshop focused on assisting local business owners with certification for the Veteran-Owned Small Business Enterprise (VSBE) and Small Business Reserve (SBR) programs. These certifications are essential for gaining access to Maryland’s state procurement opportunities as a prime contractor or subcontractor.

The event was led by Alicia Moran, PGCEDC’s Director of Innovation & Entrepreneurship, who has been instrumental in connecting entrepreneurs with practical tools for success. In addition to one-on-one application support, the Maryland Department of Transportation (MDOT) Office of Small and Minority Business Policy delivered a valuable overview of the Minority Business Enterprise (MBE) program and certification pathway.

By providing real-time assistance with applications and registration in the eMaryland Marketplace Advantage (eMMA) system, the workshop removed common barriers to entry for businesses seeking state contracting opportunities. Attendees came prepared with tax IDs, documentation, and a commitment to expanding their business footprint within Maryland’s economy.

The session reinforced Innovation Station’s role as a launchpad for growth and entrepreneurship in Prince George’s County—equipping veteran-owned, women-owned, and minority-owned firms with the certifications they need to compete.

PGCEDC remains dedicated to creating an equitable business ecosystem and will continue offering workshops and programs that meet the evolving needs of local entrepreneurs.

For more on Innovation Station or upcoming events, visit pgcedc.com/innovationstation.

PGCEDC Congratulates Peter Chapman, President and CEO of IonQ, on being named Technology CEO of the Year at the Maryland Tech Council 2025 Icon Awards

PGCEDC Congratulates Peter Chapman, President & CEO of IonQ-Named Technology CEO of the Year, Maryland Tech Council 2025 Icon Awards

PGCEDC congratulates Peter Chapman, President and CEO of IonQ, on being named Technology CEO of the Year at the 2025 Maryland Tech Council ICON Awards!

EDC proudly celebrates this well-deserved recognition of Mr. Chapman’s visionary leadership and groundbreaking contributions to the field of quantum computing.

As Maryland continues to shine as a hub for technology and life sciences innovation, leaders like Peter Chapman inspire the next generation of tech pioneers and entrepreneurs.

We applaud your achievements and look forward to the continued impact of IonQ on the future of technology, right here in Prince George’s County.

Expansion Starts Here!

Prince George's County Economic Development Corporation Presents Procurement 360: Targeting Opportunities

ALIGN. ENGAGE. WIN.

PGCEDC proudly announces Procurement 360: Targeting Opportunities, a dynamic, bi-monthly event series connecting local businesses with public and private sector procurement opportunities.

This mobile mini-series brings the power of the Procurement 360 Conference to locations across Prince George’s County, offering:

  • Access to Contracts – Real-time, sector-specific opportunities

  • Direct Connections – Meet procurement officers and decision-makers

  • Targeted Insights – Learn agency needs, timelines, and qualifications

Held twice a month, each session aligns you with one featured agency, helping you 

ALIGN. ENGAGE. WIN.

Learn more and see the rotating schedule: www.pgcedc.com/procurement360

First Session: Coming Soon

Location: To be announced online

Expansion Starts Here!

Connecting Opportunity with Innovation: PGCEDC at ICSC 2025

PGCEDC was proud to represent Prince George’s County at ICSC Las Vegas, the premier annual gathering for commercial real estate dealmakers and innovators.

Over two impactful days, our dynamic team—including Anthony Jeffrey (Business Development Manager for Retail and Restaurants), Larry Hentz (Executive Director of Business Development), Alexis Allen-Shorter (Director of Business Developmentfor Health and Life Sciences), Lori Valentine (Vice President of Policy and Public Relations), and Rhett Butler (Marketing and Communications Manager)—engaged with top industry leaders to spotlight why Prince George’s County is the place to grow.

As Prince George’s County continues to grow as a hub for economic opportunity and investment, events like ICSC are crucial for fostering relationships that drive meaningful development. We’re proud to represent a county where innovation thrives—and where strategic partnerships support sustainable, inclusive growth.

See More Photos Here

Expansion Starts Here!

PGCEDC Hosts M&T Mini Accelerator Series

PGCEDC, in partnership with M&T Bank, proudly concluded a transformative Mini Accelerator Series this morning at our Largo headquarters. Over the course of this impactful series, local entrepreneurs and small business owners engaged in in-depth sessions focused on building financial confidence, improving funding readiness, and identifying real-world strategies to grow and sustain their ventures.

This collaborative initiative offered attendees direct access to capital resources, expert-led guidance, and critical tools needed to navigate today’s dynamic business environment. Participants walked away with not only actionable insights but also new relationships and connections that will support their continued growth.

We sincerely thank M&T Bank for its partnership and unwavering commitment to the economic advancement of small businesses in Prince George’s County. Together, we are equipping our local entrepreneurs with the knowledge and networks they need to succeed.

Expansion Starts Here1

Connecting Opportunity with Innovation: PGCEDC at ICSC 2025

Public officials across the country are getting more creative in their strategies to rejuvenate their downtowns five years after the pandemic decimated foot traffic.

By Katie Burke for CoStar News

In San Francisco, leaders and landlords are offering small businesses free rent on retail space. Stakeholders in Birmingham, Alabama, are repositioning vacant offices into new storefronts and restaurants. In Denver, bodegas and banks are replacing offices downtown as city stakeholders hope to transition the retail base from focusing on workers to catering to residents.

City and economic development officials around the United States are looking to their ground floors as a way to fill gaps left behind by the absence of commuting workers.

Read the full story Here

Expansion Starts Here!

PGCEDC Hosted the VIP Reception at ICSC Las Vegas

PGCEDC was honored to host the exclusive Prince George’s County Reception at ICSC Las Vegas—the premier event for dealmakers and innovators shaping the future of commercial real estate. Sponsored by G.S. Proctor and Associates, this dynamic gathering provided a unique opportunity for our team—Lori, Anthony, Alexis, Larry, and Rhett—to engage directly with top industry leaders and connect with Maryland Governor Wes Moore.

Reception attendees included Acting County Executive Tara Jackson; State’s Attorney Aisha Braveboy; County Council Chair Edward Burroughs; Council Vice Chair Krystal Oriadha; Council Members Wala Blegay and Wanika Fisher; County DCAO Angie Rodgers; EDC Board Chair Orlan Johnson; EDC Board Vice Chair Marva Jo Camp; and the EDC’s ICSC sponsors.

As Prince George’s County continues to grow as a hub for economic opportunity and investment, events like ICSC are crucial for fostering relationships that drive meaningful development. We’re proud to represent a county where innovation thrives—and where strategic partnerships support sustainable, inclusive growth.

See More Photos Here

Expansion Starts Here!

PGCEDC Visits Civility Management Solutions for National Small Business week

On the Move for Small Business Week!

During National Small Business Week, PGCEDC’s Kimberlee Andrews celebrated the entrepreneurs who make Prince George’s County a hub of opportunity. She visited Laurie Sayles, CEO of Civility Management Solutions, a professional services firm specializing in government contracting and business consulting.

Acting County Executive Tara H. Jackson and Deputy CAO for EconomicDevelopment Angie Rodgers joined PGCEDC Interim President & CEO, Ebony Stocks and PGCEDC Business Development Manager for Government Sector, Kimberlee Andrews to highlight the strength of the local small business community.

See More Photos Here



Expansion Starts Here!

Select USA Cocktail Reception at V-No National Harbor

SelectUSA Cocktail Reception 2025 – Welcome to Prince George’s County!

PGCEDC was proud to welcome guests to the SelectUSA Cocktail Reception 2025, sponsored by The Color of Health, LLC. The event was held on Tuesday, May 13th, at the vibrant V-No at National Harbor in Oxon Hill, Maryland.

Business leaders, investors, and international delegates gathered for an evening of networking, connection, and celebration of Prince George’s County’s role as a hub for global business and innovation.

See More Photos Here

Expansion Starts Here!

PGCEDC Booth At The SelectUSA Investment Summit

PGCEDC Made A Presence at the 2025 SelectUSA Investment Summit

PGCEDC proudly participated in the 2025 SelectUSA Investment Summit, the premier event for promoting foreign direct investment in the United States. Attendees had the opportunity to explore the Exhibition Hall with hundreds of economic development organizations, service providers, and industry experts. The Summit brought together representatives from over 50 states and territories and companies from more than 90 global markets.

Through expert-led panels, academy sessions, and networking opportunities, PGCEDC connected with international business leaders and government officials to explore partnerships and promote Prince George’s County as a destination for investment and economic growth.

Expansion Starts Here!

PGCEDC Hosts Select USA Reception in ISBI

On Thursday, May 8th, ISBI hosted a group of international businesses that arrived in the region for the SelectUSA Investment Summit. PGCEDC Business DevelopmentTeam members Alicia Moran and Martin Ezemma led the tour, during which the businesses learned about the resources available within ISBI.

Prince George’s County Chair Edward P. Burroughs III, Vice Chair Krystal Oriadha, and Council Member Wala Blegay explained why the County is the best place for expanding their businesses.

The SelectUSA Investment Summit is the U.S. government's premier event for promoting foreign direct investment (FDI) in the United States. It's a high-profile event that brings together investors, companies, economic developmentorganizations, and industry experts to facilitate business deals. The 2025 summit was held at the National Harbor, from May 11-14.

See More Photos Here

Expansion Starts Here!

CITYBIZ Sports Complex Anchors $1.3 Billion South Lake Mixed-Use Development

In an innovative departure from traditional mixed-use developments, a massive new project in Bowie, Maryland is demonstrating how sports tourism can drive retail and residential growth. South Lake, spanning 381 acres at the intersection of U.S. 301 and Maryland Route 214, represents one of the largest and most ambitious developments in the DC/Baltimore/Annapolis corridor.

The $1.3 billion project, 90% complete in its first phase, integrates 1,600 residential units and 600,000 square feet of retail space with Liberty Sports Park, a tournament-grade athletic complex that attracted over 344,000 visitors in its first year. The development’s location, 20 minutes from Washington D.C., positions it to serve one of the nation’s most affluent metropolitan regions.

READ FULL STORY HERE BY CITYBIZ

PR Newswire Maryland Businesses Celebrate New Leadership and Local Investments

BALTIMORE, May 27, 2025 /PRNewswire/ -- The Maryland Marketing Partnership, which helps drive Maryland's branding and marketing efforts to attract businesses, create jobs, and grow the state's economy, today shared a summary of the latest news from companies and organizations that invest in the partnership.

These executive hires, statewide grant programs and major investments show that Maryland's business landscape is full of big moves.

"We're very pleased to see so many Maryland businesses investing in their people and their surrounding communities. It sends a strong message that Maryland is a great place to do business and a great place to live," said Maryland Department of Commerce Secretary Harry Coker, Jr. "We're grateful for the continued leadership and commitment from our state's standout companies.

READ FULL STORY HERE

Kenwood Management Executes 10,172 SF Lease Extension with Corvias in Largo, Maryland

Kenwood Management Company announced today that, through its affiliate, Lottsford of Landover, LLC, has executed a 4 ½ year lease extension with Corvias and Clean Water Partners at Lottsford Business Center, 9475 Lottsford Road, Largo, Maryland.

Corvias has been a tenant in the building since 2018. Corvias assists the government of Prince George’s County, Maryland, in improving its stormwater infrastructure.

Kenwood was represented by one of its Principals, Bill Singer.

READ FULL STORY HERE

Three |E 60 Prince George’s Municipalities Form Coalition With Eye To Securing Share Of Blue Line Development

They share a Metro line, they share a ZIP code and they share a dream of revitalized older communities. And, come Saturday, the Prince George’s County towns of Capitol Heights and Fairmount Heights and the city of Seat Pleasant will have something else in common.

They will all be members of the new 20743 Coalition.

The mayors of those three inside-the-Beltway municipalities will meet Saturday to launch the coalition, named for the ZIP code they have in common. Their goal is to ensure that their often-overlooked communities share in the Blue Line corridor redevelopment projects that are scheduled in coming years as part of an effort to redevelop central Prince George’s County.

READ FULL STORY HERE AT THREE | E 60

WTOP Why Bowie is one of America’s hottest housing markets

Redfin’s annual list of hottest housing markets ranks Bowie, Maryland, No. 10, and the Prince George’s County community earns the top 10 spot for several reasons.

Bowie has two things in common with all the communities on Redfin’s hottest markets list.

“In general, the most appealing neighborhoods are those that offer both access to cities and some of that small-town suburban charm,” said Daryl Fairweather, chief economist at Redfin.

Bowie has two things in common with all the communities on Redfin’s hottest markets list.

By Jeff Clabaugh READ FULL STORY HERE

Connect with us: