North Providence, RI. and Westminster, Md. — Greenberg Gibbons has acquired two shopping centers located in Rhode Island and Maryland for $34.6 million. Acquisitions include North Providence Marketplace, a 112,000-square-foot grocery-anchored center located in North Providence, Rhode Island; and Westminster
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Ocean City, Md. — The Boulder Group has arranged the $6.2 million sale of a newly constructed 7-Eleven property located at 11624 Ocean Gateway in Ocean City. Randy Blankstein and Jimmy Goodman of The Boulder Group represented both the buyer,
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Baltimore, Md. — MCB Real Estate, MLR Partners and Northwood SC LLC have signed leases with eight new retailers to open at Northwood Commons, a mixed-use project in Baltimore. New tenants include IHOP, Downtown Locker Room, Chipotle Mexican Grill, Harbor
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Owings Mills, Md. — Greenberg Gibbons has signed leases with four new retailers to join the tenant roster at St. Thomas Shopping Center in Owings Mills. Michaels will occupy a 23,045-square-foot space near Baltimore Sports & Novelty. Next Door Pharmacy
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Clinton, Md. — JLL Capital Markets has secured a $44.5 million loan for The Landing at Woodyard, a newly redeveloped, 210,000-square-foot shopping center located in the Washington, D.C. suburb of Clinton. JLL worked on behalf of the borrower, Meritus Realty
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Glenarden, MD. — Heritage Partners has leased a space formerly occupied by JC Penney at Woodmore Towne Centre in Glenarden to At Home, a home decor retail chain based in Plano, Texas. At Home will fully occupy the 96,446-square-foot space,
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Baltimore — Athletic apparel giant Under Armour Inc. (NYSE: UA) has reported $1.3 billion in sales in its fiscal first quarter of 2021, a 35 percent jump from last year’s first-quarter sales. The Baltimore-based company’s fiscal first quarter ended on
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Owings Mills, Md. — Neuman Commercial Group has arranged the sale of Owings Mills Retail Center, a 22,782-square-foot property located at 9400-9424 Reisterstown Road in the Baltimore suburb of Owings Mills. The property is 94 percent occupied by tenants such
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College Park, MD. — Terrapin Development Co. (TDC), in partnership with the University of Maryland-College Park (UMD), has entered into an exclusive development agreement with Brandywine Realty Trust for an upcoming mixed-use project on the UMD campus. The Philadelphia-based REIT
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Accokeek, MD. — JLL has brokered the $17.4 million sale of Manokeek Village Center, a 74,470-square-foot, grocery-anchored shopping center in the Washington, D.C., suburb of Accokeek. Bill Moylan, Jordan Lex and Daniel Naughton of JLL marketed the property on behalf
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Owings Mills, Md. — Greenberg Gibbons has launched a $100 million private equity fund with the goal of acquiring shopping centers throughout the East Coast, Southeast and Midwest. The Greenberg Gibbons Real Estate Income Fund officially closed last month with
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Baltimore — Weller Development Co. plans to break ground on what it calls Chapter 1B of Port Covington in Baltimore in February. The development team, which also includes Goldman Sachs and Sagamore Ventures, received $650 million in financing for this phase, including
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