Triple BAR Group, along with J.C. BAR Properties, Triple Crown Corporation, and Weathervane Capital Partners acquired Perry Hall Centre & Perry Hall Square in the Spring of 2022. This 231,754 SF is a dominant grocery anchored community shopping center located in a densely populated Perry Hall, Maryland. The property benefits from its unmatched location along U.S. Route 1, just 10 miles from downtown Baltimore. The shopping center features an attractive combination of a strong income stream, national tenancy with strong sales, and long-term value appreciation in one of the most desirable markets in the nation, the highly regarded Baltimore-Washington Metropolitan Area. Major tenants include Giant, Ace Hardware, AMF Bowling, and Rite Aid.
|Targeted Equity Multiple||2.5x|
|Targeted Investment Period||10 years|
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