Terms of the five-year lease have not been disclosed. The Maryland Retirement and Pension System acquired the shopping center, which is anchored by Giant Food and TJ Maxx, for $41.7 million in late 1995. "The Annapolis market offers outstanding upside growth potential for The Vitamin Shoppe, and we expect this store to experience excellent results as we continue to expand throughout this very desirable market," company director of real estate and construction Corey Bialow. This latest store marks the company's 16th location in the Washington/Baltimore metro region.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
