Maryland, Virginia Retail Sites Up For Bid

WASHINGTON, DC-Maryland and Virginia properties are among the 21 big-box investment properties being put up for bid by Jones Lang LaSalle across the United States. The deadline for submitting sealed bids is May 7.

“Each of these properties is well-located with high visibility and easy access within each respective market,” says Bob Sherwood, vice president of Jones Lang LaSalle Capital Markets. The properties are being offered individually, not as a package deal.

In Hagerstown, MD, the company is offering a retail center in Valley Park Commons adjacent to Sam’s Club and Lowe’s. The 13-acre property at 1650 Wesel Blvd. features a 114,513-sf retail center. In Virginia, a 14.5-acre retail property at 126 Sandy Court–considered a prime retail corridor connecting US 29 and Piedmont Drive–is being offered. The retail complex there is 112,238 sf.