$6,850,000 Prime Neighborhood Shopping Center Sale Arranged by Alex Cooper Auctioneers

Staff Writer

BALTIMORE, MD., March 13, 2015 – Alex Cooper Auctioneers, Inc. a leading real estate auction house and brokerage firm in the mid-Atlantic region, announced the sale of “Brooklyn Park Plaza,” a 55,115± SF retail shopping center located on Ritchie Highway in Anne Arundel County, for $6,850,000. The anchor tenants include Save-A-Lot, McDonalds, Advanced Auto and Family Dollar.

Bradd Caplan, an associate for Alex Cooper Auctioneers, Inc. represented the buyer. “Owned and operated by the same partnership for decades, Brooklyn Park Plaza never officially made it to the open market,” says Caplan. “Back in June of ’14, we facilitated the sale of 36 multi-family units located in Bolton Hill for a client of ours. We then assisted our client in identifying a like-kind property and ultimately orchestrated a 1031 exchange on Brooklyn Park Plaza.”

“Brooklyn Park Plaza is a neighborhood retail shopping center that provides excellent roadside visibility,” adds Caplan. “The long term tenancy, low vacancy rate and significant annual income was very intriguing to our client.”

Glass & Metal Co. Table Lamp

Take a look at this incredibly unique Glass & Metal Co. table lamp, offered in our upcoming October 2-3 auction. Dating back to 1920, this fabulous lamp features a “Grape” leaded glass shade, with clusters of grapes in rich tones amongst the foliage of green hues. The intricate bronze tree trunk-form base is attributed to […]

September 22, 2015
Emerald necklace

Meet the Expert

Jenny Putnam   RGA, AJP Director of Fine Jewelry   AREAS OF EXPERTISE: •   History, quality, authenticity and rarity of stones and jewelry craftsmanship •   Extensive knowledge of jewelry designers and trends in fashion, costume and antique pieces •   Certified jewelry appraiser and gemologist who can evaluate stones and diamonds for clarity, […]

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