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Catonsville Plaza Trades for $29M | LP Equity to Buy Illiquid Partner Stakes in CRE Assets

WASHINGTON, DC—As it expands into other asset types, LP Equity has recruited Eric Goldfarb, previously of Goldfarb Properties in New York, to head the platform.

By Erika Morphy | erikamorphy | | Updated on August 10, 2016
Catonsville Plaza Catonsville Plaza

BALTIMORE—Catonsville Plaza, a 280,000-square foot shopping center anchored by Shoppers Food Warehouse, has traded for for $28.6 million. Local company Mosaic Realty Partners bought the center, which is 99% leased to such tenants as Dollar General, Planet Fitness, Planet Aid, Merchant’s Tire & Auto Centers, Forman Mills, Salontra Suites, DaVita, Dunkin Donuts, Subway and Metro PCS.

The seller, an affiliate of the Hartford, CT-based Hutensky Capital Partners, was represented by Greysteel’s Gil Neuman.

 

LP Equity Expands Partner Interest Acquisitions to Other CRE Assets

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