Sunday, June 8, 2025
Read the Digital Magazines
Subscribe

Maryland

DevelopmentGrocery-anchoredMarylandNews

Whole Foods Market to Anchor $350 Million Mixed-Use Development in Metro Baltimore

by Alex Tostado

Towson, Md. — Developers Greenberg Gibbons and Caves Valley Partners have signed Whole Foods Market to anchor the retail component of Towson Row, a $350 million mixed-use development in downtown Towson, Maryland. Whole Foods will occupy 45,000 square feet and include a 6,200-square-foot mezzanine and outdoor dining terrace. Construction on the store is expected to begin this winter and take 18 months to complete. Amenities will include a two-story parking deck and covered walkways leading to the store. Towson Row is currently under construction on a five-acre site, 10 miles north …

Continue Reading
0 FacebookTwitterLinkedinEmail
DevelopmentMarylandMixed-useNewsRetailers

Greenberg Gibbons, Seritage Growth Partner for $150 Million Redevelopment Project at Metro Baltimore Mall

by Alex Tostado

Cockeysville, Md. — Greenberg Gibbons has formed a joint venture with Seritage Growth Properties to redevelop a 13.8-acre parcel at Hunt Valley Towne Center in Cockeysville, Maryland. Greenberg Gibbons owns the property, a mixed-use shopping center situated at 118 Shawan Road, 18 miles north of downtown Baltimore. Initial plans for Phase I of the $150 million redevelopment include renovations to the former two-story Sears building and Sears Auto Center. Michael’s and HomeGoods are open on the first floor, while more retail and entertainment concepts are being targeted for the second …

Continue Reading
0 FacebookTwitterLinkedinEmail
Grocery-anchoredInvestment salesMarylandNews

Neuman Commercial Arranges $18.2 Million Sale of Grocery-Anchored Shopping Center in Baltimore

by Alex Tostado

Baltimore — Neuman Commercial Group has arranged the $18.2 million sale of Alameda Marketplace, a 124,000-square-foot shopping center anchored by Shoppers Food in Baltimore. The asset was 90 percent leased at the time of the sale to 15 tenants including Walgreens, Family Dollar, Rent-A-Center, Planet Fitness, Fresenius Medical, Rainbow and Bank of America. Gil Neuman of Neuman Commercial represented the sellers, Atlantic Realty Co. and Walton Street Capital, in the transaction. The buyer was a private regional investment group. This is the second time that Neuman Commercial has represented the …

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment salesMarylandNewsRetailers

Matan Cos. Sells Retail Center in Frederick, Maryland, for $8.9 Million

by Alex Tostado

Frederick, Md. — Matan Cos. has sold The Shops at Westview South, a 21,138-square-foot retail center in Frederick, for $8.9 million. The property, which is located 44 miles north of Washington, D.C., was 90 percent leased at the time of the sale to tenants such as Dunkin’ Donuts, Sola Salon, Chaps BBQ, Dogtopia, Club Pilates and Monocacy River Dental. Matan Cos. delivered The Shops at Westview South in spring 2016 as part of the 100-acre Westview South development. The mixed-use project includes a planned 490 single-family homes, 100 of which …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts