facebook

traded

+ Submit
Home

/

Deals

/

Maryland

/

Retail

/

Sale

/

2002 Annapolis Mall

Jackson Hsieh Of Macerich Acquires Annapolis Mall From Centennial Kildare Partners Atlas Hill For $260M
SOLDRetail

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

Jackson Hsieh

Macerich

Buyer

$856.4M

vol

8 deals

Buyer
Centennial
CentennialSeller

Annapolis Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

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