A retail property asset located at 1940 East West Street in Baltimore, MD, was sold for $4,250,000. The asset encompasses 10,000 square feet, translating to a price per square foot of $425.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $4,250,000
• Address: 1940 East West Street
• Market: Baltimore, MD
• Square Footage: 10,000
• Price per Square Foot: $425
• Buyer's Representative: Adam Schindler - Colliers
• Seller's Representative: John Gallagher - Hyatt Commercial

The property, initially listed for lease, experienced strong user demand, leading to an off-market sale that exceeded expectations. The buyer intends to undertake renovations and occupy the space following the transaction.