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GlobeSt.com EXCLUSIVE: 60,000-SF Retail Center Sells for $200 Per-SF

OWINGS MILLS, MD-The approximately 60,000-sf retail property known as Lakeside Village Shopping Center trades in a transaction valued at $11.8 million.

By Barbra Murray | Updated on September 13, 2005

OWINGS MILLS, MD-Oekos Management has acquired Lakeside Village Shopping Center, a 60,000-sf retail site in Suburban Baltimore for $11.8 million. Watch Omega LP sold the grocery-anchored retail property, three years after having acquired it for $9.5 million.

Watch Omega was assisted by Bill Tourtellotte and Shawn Lubic of Newtown Square, PA-headquartered GMH Capital Partners. According to Baltimore County property records, the shopping center and the seven-acre site it occupies have a current assessed value of about $6.8 million. Oekos Management represented itself.

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