B’More Retail Center Changes Hands
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Catonsville Plaza, Baltimore
Baltimore—Greysteel recently closed on the transaction of Catonsville Plaza in Baltimore on behalf of the seller, an affiliate of Hutensky Capital Partners. The team led by Greysteel Managing Director Gil Neuman also procured the buyer, Mosaic Realty Partners, who shelled out $28.6 million for the 280,000-square-foot property. According to the Washington Business Journal, the asset hit the market in February.
Sitting on a 15-acre lot at 5457 Baltimore National Pike, Catonsville Plaza is located within a dense residential area, less than 1.5 miles from Interstate 695. The retail center is also close to major employment clusters, including the Woodlawn Federal Center, which hosts 16,000 federal employees and many private businesses. At the same time, the property offers quick access to Interstates 70, 95 and 895, as well as the Baltimore-Washington Parkway…
