Hunt Valley office building changes hands for $39.1M

When Demetrius Smith went to prison in 2008 for a murder he didn’t commit, a jailhouse informant was a damning witness. Another exonerated man, Clarence Shipley Jr. of Baltimore, spent 27 years in prison ― after a suspect arrested in a series of vehicle thefts falsely fingered him as a killer. And the city of Baltimore paid out $9 million to another innocent man, James Owens, who spent two decades in prison. (Balt. Sun)

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Ravens raising ticket prices for first time since 2017, but no plans for another hike in 2021

It just became a little more expensive to watch Lamar Jackson at M&T Bank Stadium. In a letter sent to season-ticket holders last week, the Ravens announced that they are raising ticket prices for the first time since 2017 and just the second time in seven years. The average ticket price increase is 6.45%, with some areas in the stadium having a higher rate bump and others a lower one. “To achieve our collective goals, we must continue to stay competitive with other NFL teams, both in terms of the revenue we generate and in our spending on players we want in purple,” senior vice president of ticket sales and operations Baker Koppelman wrote in the letter, which was reviewed by The Baltimore Sun. (Balt. Sun)

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Turkey farm property in Howard County gobbled up by Maple Lawn developer

Just before the Thanksgiving turkey rush, the owners of Sho Nuf Turkey Farm, a beloved organic poultry business next to Maple Lawn in Howard County, sold the farm's land for $7 million. Pikesville-based Greenebaum Enterprises — which owns Maple Lawn — acquired the 110-acre farm at 11788 Scaggsville Road on Nov. 20, public records show. (Balt. Bus. Journal)

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Old Dominion Freight Lines buys facility in Washington County

Old Dominion Freight Lines has expanded its footprint in Washington County. The trucking company, based in Thomasville, N.C., has purchased a transit warehouse at 16503 Hunters Green Parkway, according to Washington County online deed records. That is west of Halfway. In an email Monday, an Old Dominion spokesperson said the company's "real estate team is always looking to strategically improve their service center network through new construction, renovation and acquisition, but it is too early to comment on the company’s plans for the facility."  The facility had been used by New England Motor Freight, which declared bankruptcy and announced plans to close in February 2019. (Herald-Mail)

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Maryland businesses fight to save millions in tax credits in Annapolis

Dozens of people from industries across Maryland came to Annapolis Wednesday to testify against a bill that would eliminate many of the state's tax credit and incentive programs. The House Ways and Means Committee conducted hearings on many of the key bills being watched by the business community during this year's legislative session. The committee's chairwoman, Del. Anne Kaiser, a Democrat from Montgomery County, has proposed a bill to eliminate eight incentives offered by the state to attract and grow businesses in Maryland.Programs eliminated by the bill would include enterprise zones, One Maryland tax credits, opportunity zone enhancements, the biotech tax credit, film production tax credits, the cybersecurity tax credit and the small business tax relief credit. (Balt. Bus. Journal)

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Baltimore’s small business owners hand out valentines to drivers, hoping to put positive spin on city

The Valentine’s Day-themed greetings are intended simply to spread some love and joy in Baltimore and draw positive attention to the city and its small businesses, Johnson said. More than a dozen Fells Point, Canton, Little Italy and Federal Hill business owners, carrying signs with such messages as “Su Casa Furniture Loves You” or “#LoveLocalBmore,” have handed out hundreds of flowers and chocolates, he said. When drivers saw Nick Johnson approaching their car windows at a red light on President Street during the Monday morning rush hour in Baltimore, he said, many initially waved him off or ignored him entirely. (Balt. Sun) 

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Greater Baltimore's largest company wins $10 million state contract

Greater Baltimore's largest company has been awarded a big contract from the University of Maryland Global Campus. The Adelphi-based college, formerly known as University of Maryland University College, is seeking approval from the state Board of Public Works for a $10.2 million contract to Allegis Global Solutions for recruitment contracting services. Allegis Global Solutions is a subsidiary of Hanover-based staffing giant Allegis Group. The parent company is among the largest companies in the state of Maryland with revenue of $13.4 billion in 2018. Under the five-year contract, Allegis Global Solutions will work with UMGC's human resources department to recruit faculty and staff for the college's three divisions in the U.S., Europe and Asia. (Balt. Bus. Journal)

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LifeBridge leadership shuffle comes as health system plots growth

LifeBridge Health is plotting major growth for its five local hospitals over the next several years. And much of that growth will now be on the shoulders of an almost entirely new fleet of hospital presidents. Neil Meltzer, CEO of the Baltimore-based health system, said leadership shake-ups at four of the system's five hospitals coincided through "some degree of happenstance." However, the moves also aligned as LifeBridge is preparing for its next phase of growth. (Balt Bus Journal)

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