{"id":1004460544,"date":"2020-07-03T03:15:00","date_gmt":"2020-07-03T11:15:00","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004460544"},"modified":"2025-02-26T03:15:51","modified_gmt":"2025-02-26T11:15:51","slug":"fully-occupied-baltimore-shopping-center-changes-hands","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/fully-occupied-baltimore-shopping-center-changes-hands\/","title":{"rendered":"Fully Occupied Baltimore Shopping Center Changes Hands"},"content":{"rendered":"
\"\"<\/a>

Cold Spring Shopping Center. Image via Google Street View<\/em><\/p><\/div>\n

Marcus & Millichap has brokered the sale of Cold Spring Shopping Center, a 22,000-square-foot property in Baltimore. The firm\u2019s Christopher Burnham and Dean Zang acted on behalf of seller Schwaber Holdings and procured the buyer, Liberty Group Holdings. Fully occupied at the time of sale, the retail asset traded in a 1031 exchange, as per Schwaber\u2019s strategy to upgrade and reposition its commercial portfolio.<\/p>\n

The Family Dollar-anchored asset is at 1401-1415 E. Cold Spring Lane, within walking distance of Morgan State University. Milton Schwaber developed Cold Spring in the early 1950s as one of the first strip centers in Baltimore City. Schwaber Holdings redeveloped the property in 2014. The shopping center is some 5 miles northeast of downtown Baltimore, surrounded by dense residential areas such as Hillen, Original Northwood and New Northwood.<\/p>\n

In February, Marcus & Millichap\u2019s Institutional Property Advisors arranged the $20 million sale of a 234,036-square-foot, grocery-anchored retail center<\/a> located between Baltimore\u2019s Pig Town and Hollins Market neighborhoods. Burnham, Zang and David Crotts led the team representing the seller.<\/p>\n

If you\u2019d like to be featured in Brokers\u2019 Corner, simply fill in <\/em>our short form<\/em><\/strong><\/a> or send your deal to <\/em>deals@cpe-mhn.com<\/em><\/strong><\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Marcus & Millichap’s Christopher Burnham and Dean Zang represented the seller in the disposition of the 22,000-square-foot asset. <\/p>\n","protected":false},"author":870,"featured_media":1004365520,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1579,21743,11,21742,21749],"tags":[33536,49666,46340,34836],"class_list":["post-1004460544","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-baltimore","category-deals","category-midatlantic","category-latest","category-retail","tag-1031-exchange","tag-chris-burnham","tag-liberty-group","tag-marcus-millichap"],"acf":[],"yoast_head":"\nFully Occupied Baltimore Shopping Center Changes Hands - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/fully-occupied-baltimore-shopping-center-changes-hands\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fully Occupied Baltimore Shopping Center Changes Hands\" \/>\n<meta property=\"og:description\" content=\"Marcus & Millichap's Christopher Burnham and Dean Zang represented the seller in the disposition of the 22,000-square-foot asset.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/fully-occupied-baltimore-shopping-center-changes-hands\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-03T11:15:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-26T11:15:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/CPE-Brokers-Corner-827x400.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"827\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adriana Marinescu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/fully-occupied-baltimore-shopping-center-changes-hands\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/fully-occupied-baltimore-shopping-center-changes-hands\/\",\"name\":\"Fully Occupied Baltimore Shopping Center Changes Hands - 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