Sandmar Properties Sells Edgewood Plaza Retail In Edgewood, MD For $10.35M

Sandmar Properties has completed the sale of Edgewood Plaza in Edgewood, Maryland, for $10.35 million. The property, located at 701 Edgewood Road, 705 Edgewood Road, 2204 Hanson Road, and 2250 Hanson Road, is a retail asset with a total area of 76,000 square feet. The sale price translates to a price per square foot of $136. Edgewood Plaza is situated in the Edgewood market in Maryland.

Summary of transation details

• Property Type: Retail
• Transaction Amount: $10,350,000
• Address: 701 Edgewood Road, 705 Edgewood Road, 2204 Hanson Road & 2250 Hanson Road
• Market: Edgewood, MD

The sale of Edgewood Plaza was facilitated by brokers Andy Stape, Christopher Burnham, Vito Lupo, and Jake Furnary from KLNB. These individuals played a crucial role in the transaction, representing the seller, Sandmar Properties. Their expertise and negotiation skills contributed to the successful completion of the deal.