Friend Commercial Real Estate Represents Buyer In $18.5M Retail Center Sale In Edgewater MD

A retail center located at 139 Mitchells Chance Road in Edgewater, MD was sold for $18,500,000. The asset has a total area of 60,000 square feet and is currently 93% leased to 21 tenants, providing a price per square foot of $308.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $18,500,000
• Address: 139 Mitchells Chance Road
• Market: Edgewater, MD
• Square Footage: 60,000
• Price per Square Foot: $308
• Leased Percentage: 93%
• Number of Tenants: 21

The buyer was represented in this transaction by Matthew Antonis from Friend Commercial Real Estate, which facilitated the purchase of the retail center in Edgewater, MD.