Centennial, Partners Acquire Annapolis Mall 

Annapolis, Md. — Centennial and partners Sandeep Mathrani, Waterfall Asset Management and Lincoln Property Co. have acquired Annapolis Mall, a shopping center located in Annapolis, roughly 30 miles outside Washington, D.C. The property features more than 200 retailers and restaurants, including Macy’s, Apple, Crate & Barrel, lululemon, H&M, Michael Kors, Tumi, Urban Outfitters, Free People, Footlocker, Zara, Maggiano’s, The Cheesecake Factory and AMC Theatres. DICK’S House of Sport and Dave & Buster’s also recently signed leases at the center. According to Steven Levin, founder and CEO of Centennial, there are no other enclosed shopping centers located within a 25-minute drive of the property. “Long term, the property presents a unique opportunity to densify the site with complementary mixed uses that would benefit from retail as the integrated amenity,” says Levin.