BALTIMORE—Catonsville Plaza, a 280,000-square foot shopping center anchored by Shoppers Food Warehouse, has traded for for $28.6 million. Local company Mosaic Realty Partners bought the center, which is 99% leased to such tenants as Dollar General, Planet Fitness, Planet Aid, Merchant's Tire & Auto Centers, Forman Mills, Salontra Suites, DaVita, Dunkin Donuts, Subway and Metro PCS.
The seller, an affiliate of the Hartford, CT-based Hutensky Capital Partners, was represented by Greysteel's Gil Neuman.
LP Equity Expands Partner Interest Acquisitions to Other CRE Assets
WASHINGTON, DC—LP Equity, a company that buys illiquid limited partner interests, is moving beyond its multifamily focus to include other commercial real estate assets to its target investments. It has just acquired minority stakes in a medical office building and retail building, located in New Jersey and Texas.
Over the past 11 years LPE has purchased interests in more than 300 different partnerships in 28 states in total. As it expands into other asset types, it has recruited Eric Goldfarb, previously of Goldfarb Properties in New York, to head the platform.
BALTIMORE—Catonsville Plaza, a 280,000-square foot shopping center anchored by Shoppers Food Warehouse, has traded for for $28.6 million. Local company Mosaic Realty Partners bought the center, which is 99% leased to such tenants as
The seller, an affiliate of the Hartford, CT-based Hutensky Capital Partners, was represented by Greysteel's Gil Neuman.
LP Equity Expands Partner Interest Acquisitions to Other CRE Assets
WASHINGTON, DC—LP Equity, a company that buys illiquid limited partner interests, is moving beyond its multifamily focus to include other commercial real estate assets to its target investments. It has just acquired minority stakes in a medical office building and retail building, located in New Jersey and Texas.
Over the past 11 years LPE has purchased interests in more than 300 different partnerships in 28 states in total. As it expands into other asset types, it has recruited Eric Goldfarb, previously of Goldfarb Properties in
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