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15606 Emerald Way

Community Realty Company And Nile Equity Group Acquire Bowie Town Center Retail For $50 Million
SOLDRetail

Community Realty Company And Nile Equity Group Acquire Bowie Town Center Retail For $50 Million

15606 Emerald Way

$50,000,000

$170/SF

Building Size

293,000 SF

Asset Type

Retail

Closing

Feb 5, 2026

AI

The property asset involved in this transaction is a retail space located at 15606 Emerald Way, Bowie, MD. The sale occurred on February 5, 2026, with a total transaction amount of $50,000,000. The property encompasses a square footage of 293,000 and has a price per square foot of $171.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $50,000,000
  • Address: 15606 Emerald Way
  • Market: Bowie, MD
  • Square Footage: 293,000
  • Price Per Square Foot: $171
  • Buyer: Community Realty Company, Nile Equity Group
  • Broker Representatives: Adam Bieber, Alec Jenkins, Nicholas Kazma & Nicholas Kazma - Bellwether Enterprise (BWE)

The deal features Community Realty Company and Nile Equity Group acquiring the Bowie Town Center in Maryland, supported by financing structured by Bellwether Enterprise, which offers a diverse mix of retail, dining, and service spaces.

Players

Adam Bieber

Bellwether Enterprise (BWE)

Broker

$206.2M

vol

4 deals

Broker

Bowie Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.32%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93