Newsletter 2013 Q4 - Klein Enterprises

From the desk of Patricia Palumbo
Director of Leasing & Marketing
After decades of growth, and thirteen years in Owings Mills, we are happy to announce that Klein
Enterprises and Metropolitan Management Company have moved their offices to the Commerce Center
in Pikesville. Located off of Reisterstown Road and Hooks Lane, the Commerce Center is also home to
Ruth’s Chris Steakhouse, Charm City Yoga and Scottrade.
We look forward to continuing to provide top-notch real estate services to the metro area and are
excited to welcome you to our new office. Please stop by to say hello!
Please note that our email address and phone numbers remain the same, but our mailing address is now:
1777 Reisterstown Road, Suite 245
Baltimore, Maryland 21208
W ho’s W ho
at MMC?
Metropolitan Management Company and Klein Enterprises are
pleased to extend a warm welcome to the newest addition to our
commercial real estate family.
Former Orioles Catcher and 1983 World Series MVP, Rick Dempsey,
is now a Maryland real estate licensee; and an official member of
our brokerage team effective last month.
Rick brings with him, not only a legendary history in baseball, but
also a resume` unmatched in the category of public relations. Rick
is the O’s Extra sports caster on MASN, creator and designer of his
own brand of neck ties, motivational speaker and avid golfer. He is
sure to hit a few home runs in commercial real estate!
Rick is very excited to be working on some very special projects
with our company. We are planning a celebration later this fall to
properly introduce him to the commercial real estate community.
PLEASE HELP US UPDATE OUR MAILING LIST. EMAIL YOUR V-CARD OR SEND YOUR CONTACT INFORMATION TO TRISH AT PPALUMBO@
MMC-MAIL.COM. YOU WILL AUTOMATICALLY BE REGISTERED TO WIN A GIFT CERTIFICATE FOR TWO AT RUTH’S CHRIS RESTAURANT!
A DRAWING WILL BE HELD AT OUR “OPEN HOUSE” LATER THIS FALL. THE WINNER DOES NOT HAVE TO BE PRESENT TO WIN. DEADLINE FOR ENTRY IS OCTOBER 15, 2013.
WEST
BLOCK
Fl
ee
tS
t
Aliceanna
S. Broadway St.
St.
EAST
BLOCK
A major transformation is unfolding in Fells Point with this urban, mixed-use, re-development project. Dolben & Klein are building 159
luxury apartments above 27,000 square feet of retail/restaurant space. The East Block is scheduled for completion in mid-November with
the West Block following 2Q/3Q 2014. The response is tremendous! Retail/restaurant opportunities still exist but are going quickly, so
if you are seeking space in one of America’s Top 10 neighborhoods, call us today! Apartment pre-leasing has begun and information is
available at our temporary leasing office at Fleet & Bond. Please stop by for a visit with the Dolben team and pick up some information!
Charlestown Crossing
Northeast, MD - Cecil County
Mission Place
Mixed-Use, Rt. 1 in Howard County
Anytime Fitness Opening Soon!
1.9-Acre
PAD SITE
Klein & Dolben continue to enjoy a development connection as they present this beautiful, new 332-unit garden style
apartment community in Cecil County, 400 West Claiborne
Road, North East, MD 21901 (at Pulaski Highway). Leasing
has been strong with almost 100 units leased to date. Completion is scheduled to be mid-November.
23,000 sf of retail/office space for lease beneath 262 apartment
units, adjacent to 106 town homes in Jessup; a target growth
market. 1.9-acre pad for sale at Rt. 1 & Mission Road.
Northwest Plaza, Baltimore City
Construction is nearing completion on the
brand new, 538,000-SF, Social Security Administration complex, which will house some
1,600 federal employees. The two Silver LEED
certified buildings will open doors the first
quarter of 2014, on an 11-acre T.O.D. site, located at 6100 Wabash Avenue, opposite the
Reisterstown Metro Station. SSA is about
1,200 feet north of our Northwest Plaza Shopping Center, where a new Securityplus Credit
Union will open in October, anticipation of
the new SSA facility.
SSA – 500,000 SF
1,600 Employees
1st Qtr-2014
ve.
sh A
ba
Wa
Nor
Securityplus FCU
Opening 4th Qtr 2013
ther
SOCIAL SECURITY ADMINISTRATION
n Pk
wy.
840 sf- 4,000 sf
NEW RETAIL
4th Qtr 2013
NEW SMALL SHOP RETAIL
Delivering this Fall!!!
A new 4,000-sf building is under construction
at Northwest Plaza, along Northern Parkway.
The pad is adjacent to the Securityplus Federal
Credit Union.
We are seeking small tenants from 840 sf and
up. One endcap will have drive thru capacity.
AVAILABLE NOVEMBER 1ST
3,000-sf free standing building with drive-thru
will be available November 1st. This is an
excellent opportunity for a fast food operator
or a bank needing to meet CRA requirementes to take advantage of the growth, and
fulfill a demand for services; 450,000 population count in 5 miles - PLUS Social Security
Administration employees coming in 2014!
Former
3,000Wendy’s
sf
Available11/1/13
11/1/13
Available
YES, VIRGINIA…THERE IS AN ODENTON TOWN CENTER!
The Village at Odenton Station
1110 Town Center Boulevard
Baltimore Coffee & Tea is bringing
its brand to the Village at Odenton
Station! Their newest store will
be open in the 1st quarter of 2014,
creating “the place” for 3,000 daily
MARC commuters, the “Village” residents, and the entire Odenton
Town Center.
BCT will be joining Odenton Station Dental, Global Health Pharmacy,
Po’ Boy Shop and Café’ d’Orleans Restaurant, A Better You Medical
Spa, and Odenton Station Cleaners.
The 235 residential units are leased up, with a few available, above the
57,000 square feet of retail/restaurant space. If you haven’t been to the
market, you should contact us right away for a tour of Odenton Town
Center, West Anne Arundel County - it’s Happening Here! Services
are high in demand and a new retail study, about to be released by
Anne Arundel County, reveals that restaurant services are dramatically lacking in this under-served 1,600-acre town center.
Meade Center
MD-175 & Berger St.
The All American
Steak House & Sports Theater will soon be breaking ground at MD175 & Berger Street, opposite Ft. Meade. The 6,500-sf restaurant will
become a new lunch/dinner destination for folks at Ft. Meade, NSA,
John Hopkins, National Business Park and all the residents of Odenton Town Center. Thousands of new Odenton residents will have a
new place to eat great food, and watch football games on 16 giant TV
screens, in an atmosphere unmatched! This will be the 6th restaurant
for owners, George Jones and Brock Anderson.
For Leasing Information:
410-902-0290
www.BaltimoreShoppingCenters.com
Patricia Palumbo
Cell (410) 382-9466
[email protected]
Dan Flamholz
Cell (410) 977-4738
[email protected]
Barbara Goldberg
[email protected]
Metropolitan Management Company - Retail/Office Property Listings
PROPERTY FOR LEASE/SALE
GLA
SF AVAILABLE
AGENT
Cherryvale Plaza-Reisterstown
Reisterstown RD & Cherry Valley RD
81,425 sf
800 sf RETAIL
Patricia Palumbo
Dan Flamholz
Office Depot, ALDI, Hair Cuttery, Aaron Rents, Playoffs Sports Bar & Restaurant,
Papa John’s, Sam’s Bagels & Liberty Tax…
Cherry Valley Plaza-Reisterstown
Reisterstown RD & Cherry Valley RD
85,297 sf
1,488; 1,650 & 1,700
Patricia Palumbo
Dan Flamholz
Giant, Dominoes, Crown Jewelry, M&T Bank, Ship & Copy…”Yama Sushi Now
Open”
Commerce Center-Pikesville
Reisterstown RD & I-695
157,450 sf
1,200 & 1,500 sf
Office & Retail
Dan Flamholz
Join Ruth’s Chris, Charm City Yoga, Alturnative Fitness, Banks Contracting,
Weiner Home Health Care, Kantar Health, …
Cromwell Field-Glen Burnie
Baltimore Annapolis Boulevard
234,000 sf
1,320 - 9,000*
Patricia Palumbo
Dan Flamholz
Rose’s, Giant, Hair Cuttery, Dollar General, House of Tropicals, McDonalds,
BB&T, Alpha Veterinary Center...
Crondall Corner-Owings Mills
Owings Mills Boulevard & Crondall Lane
40,000 sf
3,000
Patricia Palumbo
Dan Flamholz
Steve’s Deli, Krav Maga, Papa Gil’s, Parsonizing Cleaners, CosmoProf…
Deer Park Center-Randallstown
9631-9637 Liberty RD
171,140 sf
984 – 5,040 sf
Dan Flamholz
Industrial/Flex Park: four, separate buildings.
Raimondi’s, Active Day, 3D Signs, Chesapeake Kitchens…
Dumbarton Square-Pikesville
Old Court RD
(next to “Gucci” Giant)
40,000 sf
2,000 - RETAIL
Dan Flamholz
Gourmet Again, Susquehanna Bank, Ruxton Cleaners, Oscar Scherr Jewelers,
Q-Nails... Unleashed coming soon!
Elevator access to offices, and secure intercom entry.
Federal Hill-Baltimore City
1024-1030 Light Street
11,450 sf
3,400 & 3,816
(7,200 sf contiguous)
Dan Flamholz
Small shop retail service. Ideal for convenience, food uses, retail services
2,000
Dan Flamholz
Brand-new retail space at the corner of Fort Ave. and Light St.
120,000 sf
1,200; 1,500 & 3,000
Patricia Palumbo
Dan Flamholz
Starbucks, H-Mart Int’l Market, EB Games, Kinko’s, Peeper’s Family Eye Care,
Sweet Frog Yogurt, America’s Best Wings…
Hammershire Square-Reisterstown
Reisterstown RD & Cherry Valley RD
7,350 sf
100% LEASED
Patricia Palumbo
One-Stop Convenience, Davidus Cigar, Rita’s Italian Ice and Cricket Wireless
Liberty Crossroads - Randallstown Liberty
Road
61,000 sf
900
Barbara Goldberg
Food Lion
Marketplace at Fells Point - Baltimore
S. Broadway & Fleet Streets
27,000 sf
PRE-LEASING RETAIL
437 - 8,000
Patricia Palumbo
Dan Flamholz
An urban, mixed use re-development. First level beneath 159 High-End
apartments.
Meade Center-Odenton
1502 Annapolis Road & Berger Street
MIXED USE – BRAC ZONE!
40,000 sf
PRE-LEASING
RETAIL/OFFICE
1,000 – 5,000
Patricia Palumbo
All American Steakhouse & Sports Theater Coming Soon! Mixed-use, retail,
restaurant & office opposite Ft. Meade on MD-175 at Berger Street. First floor
retail services and 2nd floor offices-delivering in 2014.
Midtown Marketplace-Baltimore City
Howard & W. 20th Street
38,844 sf
2,000
Patricia Palumbo
Sav-A-Lot, Spin Cycle, Advanced Auto, Dunkin Donuts
Mission Place - Jessup
8160 Washington Blvd
23,000 sf
1,300-10,000
1.9-Acre Pad Site
Patricia Palumbo
Anytime Fitness Coming Soon! Mixed-use; retail/office beneath 262 residential
units. Excellent visibility on RT 1 – ADT 31,000+
Mountain Marketplace-Pasadena
350 Mountain Road
100,000 sf
1,564 sf & 1,986
Patricia Palumbo
Food Lion, Dollar Tree, Mr. Tire, Dunkin Donuts, Bella Napoli Restaurant …
McDonald’s Coming Soon!
5,000
Warehouse
Barbara Goldberg
Bare Feet Shoes, Subway…
1,525 - OFFICE
Federal Hill-Baltimore City
1450 Light Street
40 West-Catonsville
Catonsville / Rt. 40 & Rolling Road
764 sf 2nd LEVEL OFFICE
North 40 Village-Catonsville
Rolling Road at Route. 40
PROPERTY TYPE/DESCRIPTION
Northwest Plaza-Baltimore City
Northern Parkway & Wabash Avenue
221,105 sf
RETAIL 840-4,000
3,000/PAD
Patricia Palumbo
Security Plus Credit Union Opening Soon! Food King, K-Mart, Rite Aid, Rainbow, M&T Bank, Advanced Auto Parts…
Patapsco Village-Baltimore City/County
Annapolis RD & Patapsco Ave.
159,000 sf
13,375
Patricia Palumbo
Dan Flamholz
Shoe City Opening Soon! Food King, Rose’s, Rainbow, Shoe Show, M&T Bank…
Rossville Station-Essex/Middle River
Rossville Blvd. & Kelso Drive
15,000 sf
1,741
Dan Flamholz
Security Station-Woodlawn/Windsor Mill
North Rolling RD (Opposite Security Mall)
32,672 sf
1,625; **3,858
Patricia Palumbo
La Villa Taqueria, Goodwill, Danish Market,**FULLY BUILT OUT BANK + 4 DRIVE
THRU LANES AVAILABLE FOR LEASE
St. Mary’s Center- California, MD
Three Notch Rd (RT 235) & RT 4
95,000
RETAIL & PAD SITES
Patricia Palumbo
Dan Flamholz
New, grocery-anchored strip center breaking ground spring 2014!
Street Retail-Baltimore City
2232 East Monument Street
12,000
2,200
Barbara Goldberg
1st Floor Retail, Sale or Lease
Barbara Goldberg
For sale; portfolio of four (4) properties
Patricia Palumbo
Baltimore Coffee & Tea Coming Soon! MIXED USE, T.O.D. - Opposite the Odenton MARC Rail Station. Retail beneath 235 fully leased residential units. Join
New Orleans Po’ Boy Shop & Café, Global Pharmacy, Odenton Station Dental...
Street Retail-Baltimore City
2108, 2110,2112,2232 E. Monument St.
The Village at Odenton Station
Odenton Town Center - Odenton
Town Center Boulevard & Duckens St.
57,000 sf
DELIVERING
RETAIL!
+/- 1,400-9,000
More Klein Enterprises development on tap...
St. Mary’s Center, California, Maryland
St. Mary’s Marketplace –95,000 SF grocery anchored shopping center at the intersection of MD 235 and MD 4 in California, MD. Construction is scheduled to
begin 1Q 2014.
Franklin Square-Offices & Apartments
Franklin Square –358 unit apartment community in eastern Baltimore County.
The community will feature of mix of interior corridor buildings with structured
parking below and more traditional garden style units. Construction is scheduled
to begin 3Q 2014.
Electrolux, Bello Vito’s, Signs In One Day, StateFarm, Beauty Loft…
The Townes at Mill Run
Construction of the 108-unit rental townhouse community has begun. Framing
of the first two (2) buildings is underway and the first of two large underground
storm water management facilities has been installed. Pre-leasing is scheduled to
begin in early October with the first units being delivered before the end of the year.
The SOMA Property
Klein Enterprises recently purchased 21 acres in Fallston, MD and has begun planning a new 285-unit apartment community. The tranquil setting is adjacent to 70
acres of Harford County park land, yet conveniently located along U.S. 1 and U.S.
1 Bypass on the south side of Bel Air. The community will feature a mix of garden
style and interior corridor apartment buildings with garages. There is also the
opportunity for a 3,000 SF restaurant or retail user at a new signalized intersection.
Construction is scheduled to begin 3Q 2014.