KLNB Arranges $10.8 Million Sale of Shopping Center in Metro Washington, D.C.

by Hayden Spiess

Upper Marlboro, Md. — KLNB has arranged the $10.8 million sale of Marlboro Square, a 92,649-square-foot shopping center located in Upper Marlboro, a suburb of Washington, D.C. Vito Lupo, Chris Burnham, Andy Stape and Jake Furnary of KLNB represented the seller, an entity doing business as Marlboro Investors LLC, in the transaction. Renaud Consulting represented the undisclosed buyer. Marlboro Square was fully leased at the time of sale to tenants including Weis, Advance Auto Parts and Dollar Tree, as well as medical, fitness and food-and-beverage tenants.

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