Local firm buys Columbia strip mall for $5.4M

A 24,000-square-foot strip mall in a popular Howard County suburb has traded for $5.4 million. Mosaic Realty Partners acquired the Columbia Gateway Plaza at 7185 Columbia Gateway Drive on May 3. The retail complex is about 90% leased with anchors that include Dunkin, Weight Watchers, Columbia Bank and the Backstage Dance Studio.