12-20-13

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Mid Atlantic Real Estate Journal — Shopping Centers — 5A

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End of six month construction program Continental Realty hosts ribbon-cutting to mark completion of Carney Village the event on Friday, November 22 at 11:30 am.

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ARNEY, MD — Con- tinental Realty Cor- poration (CRC) , a

RANDALLSTOWN, MD — Brixmor Property Group Inc. (NYSE: BRX ) received the U.S. Design and Develop- ment Award from the Interna- tional Council of Shopping Centers (ICSC) at this year’s annual CenterBuild conference in Phoenix, Arizona. Liberty Plaza, located in the Baltimore area, was awarded Silver in the Sustainable Design category. The ICSC U.S. Design and DevelopmentAwards honor and recognize premier design and development trends of retail projects, new developments, renovation and expansion proj- ects, and retail store design within the United States. To win in the Sustainable Design category, a project must have achieved a significant level of sustainability in the design and construction of the project. “We are honored to be recog- nized by the industry for our innovative work on the rede- velopment of Liberty Plaza,” said Haig Buchakjian , senior vice president of construction with Brixmor Property Group. “We are committed to the smart application of design, construc- tion and sustainability practices which can ensure the commer- cial success of our retail part- ners while enhancing the com- munities in which we serve.” Located in Randallstown, Maryland, the Liberty Plaza redevelopment transformed a The six-month construction program included the com- plete re-facing of the shopping center, the installation of two architectural towers on op- posite ends of the project, the replacement of the roof and sidewalks, and the addition of a common space green area in front of Mars Supermarket. In addition, two new pylon signs were added, the center was completely re-painted, the parking lot was sealed and re- striped and new landscaping

full-service commercial real estate development and man- agement company, had a rib- bon-cutting event to mark the completion of wholesale renovations to Carney Village, a 52,000 s/f shopping center located on 9613 Harford Rd. in Carney, MD. Baltimore County Executive Kevin Kamenetz and Baltimore County council- man DavidMarks are among the dignitaries that attended HI-LIGHTS DEc. 20 - JAN. 16, 2014 Avison Young announces 3,500,000 sale of Cosner’s Corner Retail Ctr.

Positioned at the intersec- tion of Joppa and Harford Roads off Beltway Exit 31, Carney Village is anchored by Mars Supermarket and Carney Village, Carney, MD

features were incorporated into the center. All construc- tion activities were handled by The Mullan Contracting Company .

features a number of comple- mentary retailers. More than 125,000 consumers reside within a five-mile radius of the shopping center. n

Liberty Plaza in Randallstown, MD Brixmor Property Group wins 2013 ICSC U.S. Design and Development Award

blighted, nearly vacant neigh- borhood center into a vibrant 220,000 s/f retail destination, anchored by Walmart. Built on a brownfield, this 1960’s shopping center suffered from 83-percent-vacancy and lacked an anchor tenant to sub- stantiate the center’s size and premier location. The addition of Walmart filled a gap in the retailer’s market coverage, com- plemented the existing retail corridor and reinvigorated the lease-up of the center’s small shop space. The project included envi- ronmental remediation, the demolition of 160,000 s/f of vacant small shop space and

Walmart at Liberty Plaza in Randallstown, MD

the construction of a 160,000- s/f store for Walmart. A num- ber of sustainable elements were incorporated including bioretention basins which use landscaped depressions in the parking field to collect and naturally purify stormwater, native-plant landscaping that does not require permanent

irrigation, networked site light- ing with energy-efficient LED fixtures, skylights for daylight harvesting and low VOC adhe- sives and sealants to improve indoor air quality. Today, the center is fully oc- cupied with top national brands such as Walmart, Rainbow, Little Caesars Pizza and Marshalls. n

8A Equity Retail Brokers’ McEvoy & Delfiner

execute sale of paint store

METAL BUILDING RE-ROOFING

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METAL SYSTEMS

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