BALTIMORE-Acadia-MCB Holding Co. LLC, which is a joint venture between associates of Acadia Realty Trust and MCB Real Estate LLC, has purchased Arundel Plaza located on Ritchie Highway in Glen Burnie for $17.6 million. This plaza measures 265,000 square feet.
According to a statement from MCB Real Estate and Acadia Realty Trust, Arundel Plaza is anchored by a Lowe's home-improvement store and a Giant supermarket, and is the third shopping center purchased by the joint venture. For the full story, go to Baltimore Sun .
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