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Baltimore, MD

Prince George’s retail center sells for $70 million four years after retail center’s last trade

August 1, 2023

Largo Town Center has sold for $70 million, a nearly 60% increase from what the same suburban Maryland retail center sold for a little more than four years ago. An affiliate of Bethesda’s Finmarc Management Inc. sold the 280,000-square-foot center at 950 Largo Center Drive to KPI Commercial LLC, per Finmarc. The property, assessed at about $35 million, is fully leased to a mix of tenants including Burlington, Foot Locker and Urban Air Adventure Park.

Article Source: Baltimore Business Journal

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