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Harford County shopping center sells to Northern Virginia investors

April 11, 2022

A popular retail center in Harford County has changed hands. The Festival at Bel Air shopping center was sold recently to an affiliate of McLean, Virginia-based Rappaport Properties for an undisclosed price. The seller was Dallas-based CH Realty Bel Air Festival LLC, according to state records. The complex last sold in 2014 for $113 million. The center is located off Route 24 and has anchors that include ShopRite, Marshalls, Burlington, Petco and Kohl’s. Of the 60 retail spaces, only about 11,000 square feet is vacant, Rappaport officials said Thursday.

Article Source: Baltimore Sun

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