FULL-SERVICE COMMERCIAL REAL ESTATE


Trout Daniel & Associates Announces Sale of Ranson Shoppes Retail Center


Posted on May 15th, by Trout Daniel & Associates in News, Press Releases. No Comments

BALTIMORE – Trout Daniel & Associates, a full-service commercial real estate firm, announces the sale of Ranson Shoppes, a retail center located in Ranson, West Virginia. Gilbert R. Trout, Director of Investment Real Estate, represented the seller and procured the buyer.

Positioned in the center of Ranson’s retail corridor, WV Route 9, Ranson Shoppes is a 16,300 square foot, 100% leased retail property. Notable national and local tenants include Mattress Warehouse, Five Guys, and Little Caesars. Ranson is one mile from Hollywood Casino at Charles Town Races, and a short drive from Frederick, Maryland and Martinsburg and Harpers Ferry, West Virgnia.

“This property was under contract within thirty days of our marketing deployment. This asset generated strong interest from regional and national buyers, indicative of the strength of its service-oriented tenant mix and the area’s demographics.” stated Gilbert. “Prior to this sale, we managed and leased this property, giving us an in-depth understanding of the market and its attractiveness to national retailer tenants.”

For more information contact Gilbert Trout at 443-921-9332 or email: gtrout@troutdaniel.com




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