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Washington DC & Mid-Atlantic  + DC Metro  + Retail  |  September 7, 2020
David Cohen
By: David Cohen

Edge Brokers $5M Sale of Maryland Retail Center

Full service commercial real estate firm Edge has brokered the $4.5 million sale of Fairground Village Center, a 29,000-square-foot neighborhood retail center in the Westminster section of Carroll County, MD.

Located at 140 Village Road, the center is currently 95% leased to a tenant roster that includes an Italian and American grill restaurant, medical cannabis dispensary, bakery, hair salon and florist. The center is one mile from Maryland Route 140 and two miles from the main downtown shopping district in Westminster.

Joe Friedman and Crissy Kleine of Edge represented the seller, Oxford Realty Advisors, in the transaction. The buyer was Kohler Development Corp., a 1031 Exchange private investor based in Carroll County.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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