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CLARKSBURG, MD-If all goes well for Simon Property, it will be building a new outlet center in this submarket. The REIT and Bethesda, MD-based Streetscape Partners recently unveiled plans for a nearly 450,000-square-foot Clarksburg Premium Outlets at Cabin Branch. The companies have reportedly signed a contract with Adventist HealthCare to purchase 47 acres of land south of Clarksburg Road for the project.

If all goes well for Tanger Factory Outlet Centers and Peterson Cos., the companies will be building a new outlet center in this submarket. Last month the duo announced plans to develop an upscale outlet center here that will be co-owned by both companies and branded as Tanger Outlets. The parcel they have in mind is located 27 miles northwest of Washington, D.C. and 36 miles west of Baltimore at the interchange of I-270 & Stringtown Road.

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