The fully occupied properties are Oxon Hill, MD's 16,155-sf Eastover Plaza, and the 6,116-sf J Walker Shopping Center in the District. While the two diminutive retail centers may seem like unsubstantial additions to the company's portfolio, they have alternate value for UrbanAmerica.
"The purchase of these properties, although small at a total of just under $4 million was strategic in nature given that both properties are connected to our supermarket anchored centers, Eastover Shopping Center and the East River Shopping Center," says UrbanAmerica president and CEO Richmond S. McCoy.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.