Retail Archives

Hyatt Commercial Facilitates $650,000 Off-Market Sale of Former CVS

HOLLYWOOD, MD – March 24, 2026 –Hyatt Commercial Real Estate announces the sale of 24288 Three Notch Road in Hollywood, Maryland for $650,000. Nick Stellway, Vice President of Hyatt Commercial, represented the buyer, while Brandon Hanna of Encore Real Estate Investment Services represented the seller. The property previously operated as a CVS pharmacy. The deal […]

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Hyatt Commercial Finalizes Sale and Ground Lease of the Knighton Portfolio in Parole Towne Center

Annapolis, MD – March 19, 2026 – Hyatt Commercial announces the completion of the marketing process for the four contiguous parcels within the Knighton Portfolio at Annapolis Towne Center in Annapolis, Maryland. The final component of the transaction, a ground lease for Parcels 2 and 3, was executed in early December. With this final step complete,

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Crofton retail and office portfolio sale

Hyatt Commercial Facilitates $22.5M Crofton Retail & Office Portfolio Sale

Crofton – March 16, 2026 – Hyatt Commercial announced the $22.5 million portfolio sale of the Crofton Route 3 Center, Two Office properties and auto park located in Crofton, Maryland. Transaction Overview Dennis Murphy, Partner and Associate Broker at Hyatt Commercial, represented the seller, Crofton RT 3 Associates, in the transaction. The Reliable Group represented the buyer. The

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Hyatt Commercial Announces Trio of Sales Totaling $5.76 Million

Annapolis, MD – March 3, 2026 – Hyatt Commercial completed three Anne Arundel County property sales totaling $5.76 million. John Gallagher represented the Seller in each transaction. The sales included office, retail, and specialty-use properties. 65 Old Solomons Island Road in Annapolis sold for $4,550,000. The ±17,000 square foot office and retail building included six

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Kneaded Baking Company Expands into New Location in Leonardtown, Maryland

Leonardtown, MD – March 2, 2026 – Kneaded Baking Company has announced its expansion into a new space in Leonardtown, Maryland, marking an exciting next chapter for the locally loved bakery. Located at 22675 Washington Street, the new space provides a larger footprint to support growing demand and increased production capacity. Nick Stellway, CCIM, and

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Back Nine to Host Grand Opening & Ribbon Cutting in Crofton

Crofton, MD — February 23, 2026 — Back Nine will celebrate the opening of its new Crofton-area location with a Grand Opening and Ribbon Cutting on Saturday, March 7, from 11:00 a.m. to 2:00 p.m., with the ribbon cutting at 12:00 p.m. The event will take place at 1166 MD Route 3, Suite 207, Gambrills,

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Hyatt Commercial Brings New Tenant to Main Street Retail in Annapolis

ANNAPOLIS, MD – February 17, 2026 – Hyatt Commercial has completed the lease of a retail space at 161 Main Street in Annapolis, one of the city’s most recognizable retail locations, welcoming a new tenant to Main Street. The approximately 3,000 square foot space sits along historic Main Street. It offers a rare opportunity for

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Back Nine Coming Soon to Crofton

Gambrills, MD – January 7, 2026 – Back Nine is coming soon to Crofton with a new location opening at 1166 MD Route 3, Suite 207, Gambrills, MD 21054. The space spans approximately ±3,866 square feet within a highly visible retail center. As a result, it will serve both the Crofton and Gambrills communities. This

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Hyatt Commercial Facilitates Sale of Eastport Retail Property at 412–418 6th Street for $2.2 Million

Annapolis, MD — November 26, 2025— Hyatt Commercial represented the Seller in the sale of 412–418 Sixth Street, a mixed-use property in Eastport. The property sold for $2.2 million and closed in under 30 days. Bill Steffey represented the Seller, while Eric Pinkett and Cecil Cummins represented the Purchaser, Gibson’s LLC. The site includes two

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Leasing Activity Heats Up in Maryland’s Retail Sector

Leasing activity in Maryland’s retail sector continues to rise, supported by strong tenant demand and national REIT performance trends. Despite broader economic uncertainty, Maryland remains resilient. Tenants continue to sign leases at well-located centers, occupancy levels remain high, and landlords are gaining confidence in the long-term stability of their assets. Demand Strength Mirrors National REIT

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