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Business briefs - May 27

May 27, 2012

River Riders

HARPERS FERRY, W.Va. — River Riders is now offering “Adventure Park at Harpers Ferry.”
The adventure park incorporates ziplines, challenging elements appropriate for kids and adults, and the opportunity to connect with nature while having fun. It consists of five elevated trail challenge courses on four wooded acres above River Riders’ main base.

The courses are rated from green to black, with green being the easiest and black being the most difficult. There also is a yellow course for younger guests. Each trail features ziplines but consists primarily of bridges between the platforms made of rope, cable or wood.

The adventure park opened to the public on May 25.
 
Washington County Department of Social Services

Theodore Dallas, secretary of Maryland’s Department of Human Resources, presented the Washington County Department of Social Services’ Family Investment Division with two awards at a recent ceremony in Baltimore.

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The division was recognized for its outstanding work during the fourth quarter of 2011 and for its performance during the first quarter of 2012. Washington County Department of Social Services was the only jurisdiction in the state to be recognized with an award for the first quarter of 2012.

The awards were given for exceeding performance goals in application compliance, applications prereviewed and for completion of biweekly knowledge examinations.

Family investment divisions throughout Maryland are responsible for determining eligibility for state programs,  including food supplements, Medicaid, Temporary Cash Assistance, Purchase of Care vouchers and the Temporary Disability Assistance Program.

Corporate Office Properties Trust

COLUMBIA, Md. — Corporate Office Properties Trust, or COPT, an office real estate investment trust that focuses primarily on serving the specialized requirements of U.S. government and defense information-technology tenants, announced that subsequent to the first quarter 2012, it sold two buildings and land in Rockville, Md., for net proceeds after closing costs and adjustments of approximately $48.7 million.

The buildings, known as Rockville Corporate Center, totaled approximately 222,000 square feet and were fully leased at the time of sale. The buildings were constructed in the late 1980s.

Since the beginning of 2012, COPT has sold a total of $116.9 million of properties and adjacent land containing approximately 537,000 operational square feet, realizing net proceeds of $109.7 million.

Since announcing its Strategic Reallocation Plan, or SRP, in April 2011, COPT has sold a total of $193.5 million worth of properties and adjacent land containing approximately 1.4 million operational square feet, realizing net proceeds after closing adjustments and repayment of property specific debt of $179.3 million.

These properties represent 20.7 percent of COPT’s total leases but only 6.5 percent of its consolidated operating square feet in place at March 31, 2011, the last reporting period before the SRP was announced.

Hagerstown-Washington County Chamber of Commerce

The Hagerstown-Washington County Chamber of Commerce recently welcomed the following new members:

  •  270net Technologies, 411 Aviation Way, Suite 210, Frederick, Md.
  •  Ameriserv Financial, 1829 Howell Road, Suite 3, Hagerstown
  •  Ashley Furniture HomeStore, 1501 Wesel Blvd., Hagerstown
  •  Associated Builders & Contractors Inc., Cumberland Valley Chapter, 530 N. Locust St., Hagerstown
  •  Brickman, 532 E. Church St., Frederick
  •  Maryland Department of Business and Economic Development, 138 Baltimore St., Suite 203, Cumberland, Md.
  •  James C. Wells, doing business as Henry’s Paving, 9824 Crossfield Road, Hagerstown
  •  Precision Auto Glass Repair, 1280 Wesel Blvd., Suite C, Hagerstown
  •  Rotary Club of Long Meadow, P.O. Box 1834, Hagerstown
  •  Sleep Number, 17301 Valley Mall Road, Suite 530, Hagerstown
  •  Supreme Buffet, 545 Dual Highway, Hagerstown
  •  RelyLocal — Hagerstown, 17665 Gettysburg Way, Hagerstown
  •  Valpak of Cumberland Valley, 1829 Howell Road, Suite 1, Hagerstown
  •  Xpress Espresso Bar, 11 Thompson Court, Boonsboro


F&M Trust

WAYNESBORO, Pa. — Representatives of F&M Trust recently presented a check for $1,250 to the Summer Jubilee Committee to support the 16th Annual Waynesboro Summer Jubilee Festival.

The Waynesboro Summer Jubilee, an all-day event held on July 4, is a patriotic festival that includes a Firecracker 5K run, parade, musical entertainment, children’s games, a pie-eating contest, and a variety of activities and entertainment concluding with a fireworks display at dusk.

A portion of the bank’s contribution will be used to again fund the “money machine.” Ticket holders have a chance to enter the machine and grab cash in a predetermined amount of time.

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