BALTIMORE-A private development team, which includes Chesapeake Real Estate Group, has purchased a waterfront site close to the First Mariner Bank Tower in Canton for $6.4 million with plans to construct a retail center there. The team, known as BCP Investors LLC, has agreed to purchase the 31-acre site from Exxon Mobil.
The site is portion of the Canton Crossing development. An affiliate of Corporate Office Properties Trust in Columbia provided a $9.5-million loan for the acquisition and development plans. For the full story, go to Baltimore Business Journal .
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