Owings Mills, Md. — Greenberg Gibbons has acquired the majority interest in and has begun managing St. Thomas Shopping Center, a 104,624-square-foot shopping center located in Owings Mills.
Baltimore City, Md. — Greysteel has arranged the $7.5 million sale of Waverly Towers, a 51,550-square-foot urban retail center located in Baltimore City.
Eldersburg, Md. — Black Oak Associates has completed the $60 million redevelopment of Eldersburg Commons, a 300,000-square-foot shopping center formerly known as Carrolltown Mall.
White Marsh, Md. — Construction has begun on Greenleigh at Crossroads, a $750 million phase of Baltimore Crossroads, a 1,000-acre mixed-use development in White Marsh in the eastern section of Baltimore County.
Owings Mills, Md. — Greenberg Gibbons and Vanguard have announced 11 new tenants set to open at Foundry Row, a $140 million mixed-use development in Owings Mills.
Hyattsville, Md. — KLNB Retail has arranged the $20.5 million sale of The Shoppes at Arts District, a 36,000-square-foot shopping center located at 5331 and 5501 Baltimore Ave. in downtown Hyattsville, roughly two miles outside of Washington, D.C.
Falls Church, Va. and Hagerstown, Md. — Retail Properties of America Inc. (RPAI) has acquired a two-property portfolio of shopping centers in the Baltimore-Washington, D.C. corridor for a combined purchase price of $72.7 million.
Gaithersburg, Md. — Elion Partners has completed a major capital improvement program for Goshen Plaza, a 45,654-square-foot shopping center in Gaithersburg.