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Cohen and Co. close Ordinance sale.


GLEN BURNIE, MD: Cohen cohen
 or kohen

(Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male.
 and Company, Inc. Real Estate is pleased to announce the sale of Ordnance Plaza a 154,611 s/f community power center in Glen Burnie, Md. The center is shadow-anchored by a 122,711 s/f Costco store and a 121,200 s/f Home Depot The Home Depot (NYSE: HD) is an American retailer of home improvement and construction products and services.

Headquartered in Vinings, just outside Atlanta in unincorporated Cobb County, Georgia, Home Depot employs more than 355,000 people and operates 2,164 big-box
 store. The tenants at the property include Sports Authority, PetsMart, Sears, Staples, McDonalds and Planet Fitness.

The center was purchased from an affiliate of the original developer, Price REIT REIT

See: Real Estate Investment Trust


REIT

See real estate investment trust (REIT).
 in 2002. At the time there were 40,000 s/f vacant. The owner successfully leased the property to 100% occupancy. Helen Putterman, president of CCIRE and Vera Thomas, senior managing director, represented the seller exclusively and brought in the buyer as well. The seller was an affiliate of Cohen Commercial Properties, and the buyer, a private New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 investor.
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Title Annotation:NATIONAL
Publication:Real Estate Weekly
Date:Apr 2, 2008
Words:139
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