Dollar Tree Opens 11th Baltimore Location
- Jul 10, 2018
Dollar Tree has expanded its Baltimore footprint by signing a 14,284-square-foot lease at Loch Raven Shopping Center in Towson, Md. The Allen & Rocks Inc.-owned property will house the Fortune 200 company’s 11th Baltimore location. Dollar Tree’s new space is expected to open at the beginning of the fall.
According to PropertyShark data, the 57,500–square-foot shopping center was completed in 2004. Notable tenants include Youfit, Subway, Wells Fargo, Exxon and the U.S. Postal Office. Additionally, Loch Raven Shopping Center is located at 1500 E. Northern Parkway, in the vicinity of residential communities, schools, golf courses and parks. Multiple bus stations facilitate the access throughout the entire area, with downtown Baltimore being 6 miles away.
H&R Retail Principals Lawrence Hoffman and Scott Yurow brokered the lease transaction on behalf of the tenant. The two brokers have previously facilitated another lease for Dollar Tree last January.
“Dollar Tree is an actively growing tenant in Maryland and we are confident that this additional location will satisfy the area’s strong demand for value retail,” Yurow said in a prepared statement.
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