Baltimore-Area Shopping Center Trades for $58M

Normandy Shopping Center, a five-building, 185,000-square-foot retail center in Ellicott City, Md., has sold for $57.5 million. Normandy National Pike LLC acquired the property from Normandy Venture LP in a deal brokered by MacKenzie Commercial Real Estate Services.

This marks the first time the 25-acre property has traded since its construction in the 1960s. The acquisition keeps the property in family-run hands, as the Moxley family is tied to Normandy Venture and Normandy National Pike is owned by Ellicott City residents Gurmit, Ish and Maninder Singh.

A milestone for Howard County

When it opened decades ago, Normandy Shopping Center was the first grocery-anchored retail center in Howard County, with Safeway acting as the anchor for five decades. Today, Planet Fitness, Triveni Supermarket and Bank of America anchor the development.

After Safeway’s exit from the property, the former owner invested in a redevelopment project in 2018, and the property is now 100 percent leased. Its tenant roster includes 45 retailers such as Safesplash, Design Kitchen & Bath and Professional Vision, according to Yardi Matrix.

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Included in the acquisition was a 6-acre vacant lot that could support future retail growth. Most recently, Cube Coffee, a coffee shop and bakery with Middle Eastern flavors, held a soft opening at the end of 2025. The business is owned by Kashif Munir and Majid Ullah Chatha, The Baltimore Sun reported.

Located at 8450 Baltimore National Pike, Normandy Shopping Center is 15 miles outside of Baltimore. The property is near major routes such as Routes 40 and 29 and has access to Interstate 70.

MacKenzie Commercial Real Estate Services Senior Vice President Owen Rouse and Associate Tom Green represented the seller and secured the buyer.

The Howard County retail market is broadly aligned with Greater Baltimore, though vacancies are lower in the Howard County West submarket. According to MacKenzie’s fourth-quarter 2025 retail report, vacancies sit at 6.4 percent for the metro and 4.4 percent for the Howard County West market. This comes as there is little new development, in line with broader retail market trends. Overall, the Greater Baltimore market recorded negative 426,952 square feet of net absorption in 2025.

This past August, MacKenzie was part of an office transaction in nearby Hunt Valley, Md. The company sold a three-building office portfolio totaling 300,000 square feet to St. John Properties after six years of ownership.