Dec
19
DC-Area Retail Asset Trades for $21M
ByLocated in Bowie, Md., The Shoppes at Bowie Town Center is a 578,000-square-foot extension of a larger, neighboring retail center and was built in 2004.
Neuman Commercial Group LLC has arranged the sale of The Shoppes at Bowie Town Center, located on the eastern outskirts of Washington, D.C., for $21 million. Neuman’s Principal Gil Neuman represented the seller, Shoppes at Bowie Town Center LLC, and procured the buyer, J.A.R. New York RLT.
Located at 3811 Evergreen Parkway in Bowie, Md., the 104,000-square-foot property is a specialty retail extension of Bowie Town Center, a popular 578,000-square-foot open-air center across the street…
