Katz Properties Buys Saint James Square for $4.1 Million

Hagerstown, Md. — The center is currently 100 percent occupied and is anchored by a 33,000-square-foot Food Lion supermarket.

Katz Properties has acquired the 40,000-square-foot Saint James Square shopping center in Hagerstown for $4.1 million. Saint James Square is currently 100 percent occupied and is anchored by a 33,000-square-foot Food Lion supermarket. The property is 5.74 acres and is located approximately one mile from Interstate 70. Mortgage financing for Saint James Square was arranged by Tim Breda of Goedecke & Co. Paul Rumley of Metro Commercial Services represented the seller in the transaction.

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