Maryland

Annapolis Mall

Annapolis, Md. — Seven new tenants have signed leases to join Annapolis Mall, a 1.6 million-square-foot super-regional mall located in Annapolis, approximately 30 miles east of Washington, D.C. GOAT USA will open this fall, while Swarovski will follow this winter. OFFLINE by Aerie and Dick’s House of Sport will debut in summer 2026, with UNIQLO and Jack & Jones opening in fall 2026. Additionally, Fello will join the tenant lineup in winter 2026. Meanwhile, existing tenant Talbots has expanded its space at Annapolis Mall and will open this winter. The inclusion …

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Annapolis Town Center

Annapolis, Md. — Federal Realty has acquired the 480,000-square-foot retail component of Annapolis Town Center, a mixed-use development located in Parole, a suburb of Annapolis, for $187 million. Whole Foods Market anchors the center, which was 89 percent leased at the time of sale, according to the Baltimore Business Journal. Additional tenants include Anthropologie, Sephora, Restoration Hardware, Starbucks Coffee, P.F. Chang’s and Williams Sonoma, as well as a Life Time athletic club. Annapolis Town Center originally opened in 2008 and totals roughly 2 million square feet of office, retail and …

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The HoneyBaked Ham Co.

Alpharetta, Ga. — Alpharetta, Georgia-based food retailer The Honey Baked Ham Co. has signed a franchise agreement with The Davis Restaurant Group to open eight new stores. The first store openings are planned for September 2026 in Bel Air, Maryland; Chesapeake, Virginia; and Des Moines, Iowa. In September 2027, additional HoneyBaked locations are projected for Chesapeake and Des Moines, as well as Mint Hill, North Carolina. Lastly, the expansion will continue into 2028, with more stores anticipated for Chesapeake and Waxhaw, North Carolina. Matt Davis of The Davis Restaurant Group, …

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Safeway at Brandywine Crossing

Brandywine, Md.  — First National Realty Partners (FNRP) has completed the refinancing of Brandywine Crossing, a 231,036-square-foot regional power center located in Brandywine, approximately 20 miles southeast of Washington, D.C. The four-year loan includes future funding for approved leasing expenses and the facilitation of the release of escrowed funds held by the previous lender. Since acquiring the center in March 2022, FNRP has increased occupancy from 89 percent to 95 percent by securing 12 new leases and six renewals with tenants including Marshalls, Visionworks and Salon Lofts. The firm also secured …

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Hunt Valley Towne Centre

Cockeysville, Md. — Greenberg Gibbons is underway with the $10 million renovation of Hunt Valley Towne Centre, a 925,000-square-foot mixed-use development located in Cockeysville, roughly 16 miles north of Baltimore. The renovation project will feature a new plaza and improvements to the center’s Regal movie theatre. Situated within Hunt Valley’s Main Street corridor, the new plaza will feature an expansive turf lawn, pergola, seating area, retractable 14-foot multimedia screen, as well as space for games and seasonal activities. The plaza will also host the center’s “Friday Night Live” summer concert …

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Hartford Mall

Bel Air, Md. — SJC Ventures has unveiled plans for a $100 million transformation of the Harford Mall site located in Bel Air, roughly 23 miles north of Baltimore. Upon approval by the Bel Air Economic and Community Development Commission, the redevelopment project will feature 48,000 square feet of retail, restaurants and amenities that will replace a former Macy’s store, as well as a 35,000-square-foot grocery store. SJC also plans to incorporate pedestrian walkways for enhanced connectivity, pocket parks and open gathering spaces. CBL Properties owns Harford Mall, which originally opened …

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Bethesda, Md. — Seven new tenants have signed leases at Westfield Montgomery, a 1.2-million-square-foot regional mall in the Washington, D.C. suburb of Bethesda. Thai Express and Subway have already opened at the property, while Uniqlo’s 12,000-square-foot store will follow. Below Zero Swiss Science expects to open in late spring, while fashion retailer Garage is scheduled to open this summer. Asian restaurants Shiki Fusion and Nan Xiang Soup Dumplings will open later this year in the dining terrace at the center. Existing retail tenants including lululemon and Janie & Jack have …

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Reservoir Square

Baltimore — MCB Real Estate has added regional grocery store chain Streets Market to the tenant roster for its Reservoir Square, a $170 million mixed-use development underway in Baltimore. Streets Market will occupy 12,000 square feet on a 1.5-acre parcel that will also house 8,000 square feet of retail space. The grocery store is part of Phase II at Reservoir Square, which will also include housing, additional retail options and the new 63,000 square-foot home to the Mayor’s Office of Employment Development (MOED), which is scheduled to open in 2026. …

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Reisterstown Shopping Center

Reisterstown, Md. — Greenberg Gibbons has completed the expansion of a retail building, which now totals 15,000 square feet, at Reisterstown Shopping Center, a 167,212-square-foot shopping center located in the Baltimore suburb of Reisterstown. The retail building includes an 11,076-square-foot renovated Advance Auto Parts, which is now open. Two additional tenants at the building — Jersey Mike’s Subs and Quickway Japanese Hibachi — will open this fall. Other tenants at Reisterstown Shopping Center include Lidl, Big Lots, Walgreens, Planet Fitness, Starbucks Coffee, Chick-fil-A, Bank of America, Wells Fargo and Dollar Tree. …

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Metro Washington Retail Portfolio

Silver Spring, Md. and Fairfax, Va. — Marcus & Millichap Capital Corp. (MMCC) has arranged a $17 million loan for the refinancing of a nine-property retail portfolio located in Silver Spring, Maryland, and Fairfax, Virginia. The properties — which total roughly 71,000 square feet — include multi-tenant retail strip centers, single-tenant retail properties and single-tenant restaurants. Jared Cassidy of MMCC’s Washington, D.C. office secured the five-year loan through a local bank. The financing carries a 12-month adjustable rate, 25-year amortization schedule and a 55 percent loan-to-value ratio.

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