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Baltimore Business Journal Macerich Co. has acquired the 1.5 million‑square‑foot Annapolis Mall in Annapolis, Md., for $260 million, or $173.33/sf. The Santa Monica, Calif., REIT bought the enclosed mall from a venture led by Centennial, a unit of Lincoln Property ...
It is 89% leased and anchored by a Whole Foods grocery store and shadow-anchored by a Target. Other tenants include Lifetime Fitness, Anthroplogie, Restoration Hardware, and Williams Sonoma. Annapolis Town Center, with 2 million sf at 1906 Towne Centre Blvd., ...
Federal Realty Investment Trust has paid $187 million, or $389.58/sf, for the 480,000-square-foot retail portion of the Annapolis Town Center mixed-use complex in Annapolis, Md. The North Bethesda, Md., REIT acquired the space from PGIM Real Estate. It is 89% ...
Baltimore Business Journal Aventon Cos. plans to break ground soon on the 250-unit Aventon Annapolis apartment property in Annapolis, Md. The Raleigh, N.C., developer expects to complete the project, at 2555 River Road, in 2023. It will demolish an office ...
Berkadia has funded a $30 million bridge loan against the 144-unit Woodside Gardens apartment property in Annapolis, Md. The loan allowed the property's owner, Fairstead of New York, to refinance a $21.3 million Freddie Mac loan and to fund an ...
The property was 70 percent occupied as of July. The property serves as collateral for $11.6 million of debt that's securitized through JPMorgan Chase Commercial Mortgage Securities Corp., 2007-CIBC18. THe loan went into default more than four years ago.
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