COLUMBIA, MD-Kimco Realty Corp. of New Hyde Park, NY has acquired a shopping center here on Dobbin Road for $21.8 million.
The 100,380-sf property at 6100-6110 Dobbin Road was sold by Madison Marquette of Washington, DC and MCB Real Estate LLC of Baltimore, according to the Baltimore Business Journal. The two partners acquired the property for $7.25 million in 2010.
The two adjacent properties are fully leased and anchored by Toys “R” Us Inc. and Recreational Equipment Inc. Other tenants include Mattress Warehouse, United Optical and Kinder Mender LLC. See story in the Baltimore Business Journal.