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Vanguard Equities Acquires Dark Circuit City

ROSEDALE, MD-Segall Group Commercial Real Estate will be helping Vanguard redevelop the property into another retail use.

By Erika Morphy | Updated on July 10, 2009

ROSEDALE, MD-Baltimore-based Vanguard Equities just closed on a Circuit City outlet located in this eastern Baltimore County submarket. It paid somewhat more than $4 million for the property with an eye to redeveloping it into another retail use. The company acquired the property from Circuit City–one of the few outlets that the parent company had a fee interest in.

Vanguard Equities tapped Segall Group Commercial Real Estate to assist it with the purchase. Now the company has been retained as the leasing agent for the redevelopment plans, Andrew Segall tells GlobeSt.com.

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