FPA Multifamily Acquires Mixed-Use Property In Baltimore For $69.2M

The mixed-use property located at 10 Light St in Baltimore, MD has a total square footage of 41,785 and was sold for $69,200,000, resulting in a price per square foot of $1,656.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $69,200,000
• Buyer: FPA Multifamily, LLC
• Seller: Halle Companies - Gerry Halle
• Broker: Peter Sherman, Chip Ryan, Matt Weber & Sam Chow - Avison Young

The transaction was facilitated by brokers Peter Sherman, Chip Ryan, Matt Weber, and Sam Chow, representing the interests of the seller, Halle Companies. This brokerage team played a significant role in the deal's execution within the Baltimore market.