Jackson Hsieh Of Macerich Acquires Annapolis Mall From Centennial Kildare Partners Atlas Hill For $260M
2002 Annapolis Mall
$260,000,000
$162/SF
Building Size
1,600,000 SF
Asset Type
Retail
Closing
May 8, 2026
AI
The property asset involved in this transaction is a retail space located at 2002 Annapolis Mall in Annapolis, MD. The sale was completed on 05/08/2026, with a total transaction amount of $260,000,000. The asset spans 1,600,000 square feet, resulting in a price per square foot of $163.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $260,000,000
- Buyer: Jackson Hsieh
- Buyer Agency: Macerich
- Seller: Centennial, Kildare Partners & Atlas Hill Real Estate
- Address: 2002 Annapolis Mall
- Market: Annapolis, MD
- Square Footage: 1,600,000
- Price per Square Foot: $163
This transaction was facilitated by Jackson Hsieh, representing Macerich, who acquired the mall in conjunction with a $12 million purchase for an adjacent former Sears parcel. The deal involved collaboration with Centennial, Kildare Partners, and Atlas Hill Real Estate, following a previous sale of the mall by Unibail-Rodamco-Westfield for $160 million in 2024.
Players
Annapolis 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
0.06%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93