JCR Acquires Two Shopping Centers in Maryland for $23.8 Million

Rockville and Bel Air, Md. — The JCR Cos. has acquired two shopping centers in Maryland totaling $23.8 million. The first property is Woodley Gardens Shopping Center in Rockville. The asset is situated at 1101-1125 Nelson St., 17 miles north

Continental Realty Launches Internal ‘Eat Local’ Stimulus Plan

Baltimore — Continental Realty Corp. (CRC) has launched an internal program to aid the restaurant industry in the communities it serves. CRC owns and operates retail centers and multifamily properties in Maryland, Virginia, North Carolina, South Carolina, Tennessee, Alabama, Georgia

Under Armour to Furlough 6,600 Workers Beginning April 12

Baltimore — In response to the spread of COVID-19, Under Armour Inc. will temporarily lay off some 6,000 employees at its outlet stores around the country and approximately 600 workers at its U.S. distribution centers, effective Sunday, April 12. The

IPA Arranges Sale of 234,036-Square-Foot Shopping Center in Baltimore

Baltimore — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of Mount Clare Junction, a 234,036-square-foot retail property in Baltimore’s Mount Clare neighborhood. The property was 82 percent leased at the time of sale

Giant Food Store Opens 66,730-Square-Foot Store in Metro Baltimore

Owings Mills, Md. — Giant Food Store has opened a 66,730-square-foot store in Owings Mills, 17 miles northwest of downtown Baltimore. The new store, located at 10210 Mill Run Circle, features Giant’s Pickup service, a full pharmacy and expanded departments.