{"id":1004198020,"date":"2017-11-21T07:19:30","date_gmt":"2017-11-21T15:19:30","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004198020"},"modified":"2022-12-07T13:31:09","modified_gmt":"2022-12-07T21:31:09","slug":"baltimores-tradepoint-atlantic-lands-1st-retail-tenant","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/baltimores-tradepoint-atlantic-lands-1st-retail-tenant\/","title":{"rendered":"Baltimore\u2019s Tradepoint Atlantic Lands 1st Retail Tenant"},"content":{"rendered":"<p><em>By Bogdan Odagescu<\/em><\/p>\n<p>Royal Farms has signed a long-term lease at The Shoppes at Tradepoint Atlantic, the 70-acre retail component of\u00a0the 3,100-acre multimodal industrial site in Sparrows Point, Md., Baltimore County.<\/p>\n<p>The Baltimore-based chain will open a convenience store, a gas station and a car wash, and will occupy one of the site&#8217;s seven free-standing retail pads. Royal Farms\u2019 3.7-acre location will offer direct access to Interstate 695\/Baltimore Beltway and is expected to open in late-2018. According to <em>The Daily Record<\/em>, Royal Farms has 180 locations across the Mid-Atlantic region.<\/p>\n<p>Located less than 20 miles southeast of downtown Baltimore, the site is also close to many major thoroughfares, including interstates 95 and 97 for the Baltimore-Washington corridor. According to a Tradepoint Atlantic release, Royal Farms\u2019 new location will offer easy access to more than 43,000 households.<\/p>\n<p><em>\u201cAs the site continues to develop, the retail component helps to satisfy what will be a growing demand for amenities at the site and from the surrounding area,\u201d<\/em>\u00a0Aaron Tomarachio, Tradepoint Atlantic vice president of corporate affairs, told\u00a0<em>Commercial Property Executive<\/em>\u00a0in June 2016, when the retail park was announced.<\/p>\n<h2>A 3,100-acre industrial node<\/h2>\n<p>Tradepoint Atlantic is owned by a joint venture between Hilco Global and Redwood Capital Investments and is located on the site of the former Bethlehem Steel plant, which closed in 2012 after more than a century of operations.<\/p>\n<p>Earlier this month, Amazon officially unveiled plans for an 855,000-square-foot <a href=\"https:\/\/www.commercialsearch.com\/news\/amazon-unveils-new-baltimore-fulfillment-center\/\">fulfilment center<\/a> within Tradepoint Atlantic, marking the retail giant\u2019s fourth Maryland facility. TradePoint Atlantic will also be home to a 1.3 million-square-foot Under Armor distribution facility, which is slated to open in 2018. The two companies will join FedEx Ground, which recently opened a 300,000-square-foot facility within the park, as well as Pasha Automotive Services, Harley-Davidson of Baltimore, Access World, C. Steinweg and Lafarge Holcim.<\/p>\n<p><em>\u201cAside from providing amenities to the thousands of future employees of tenants at Tradepoint Atlantic, JLL conducted a market study showing $64 million in consumer spending leaves the southeastern communities in Baltimore County each year, and this helps keep those dollars local,\u201d<\/em> Tomarachio added.<\/p>\n<p><em>Images courtesy of\u00a0Powers Brown Architecture and Royal Farms<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Royal Farms has signed a long-term lease for a 3.7-acre stand-alone pad and is expected to start operations in late-2018. <\/p>\n","protected":false},"author":740,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1579,21784,21743,11,21742,21749],"tags":[38395,38294,38293],"class_list":["post-1004198020","post","type-post","status-publish","format-standard","hentry","category-baltimore","category-brokerage","category-deals","category-midatlantic","category-latest","category-retail","tag-redwood-capital-group","tag-sparrows-point","tag-tradepoint-atlantic"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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