Lidl signs first lease in Baltimore City to anchor Northwood Commons, a planned redevelopment project of Northwood Plaza located adjacent to Morgan State University
Baltimore-based MCB Real Estate, LLC in a joint venture with MLR Partners LLC and Northwood, S.C., LLC (the existing owners of Northwood Plaza) have announced that they have signed a lease with German grocer Lidl for a +/-30,000 square foot anchor space at Northwood Commons in Northeast Baltimore.
Northwood Commons is a transformative redevelopment of the Northwood Plaza Shopping Center, located in Northeast Baltimore City directly adjacent to Morgan State University. Scheduled to be completed in early 2022, Northwood Commons will feature 100,000 square feet of restaurants and retail services, including a brand-new 11,000 Square Foot Barnes and Noble College Café, and a 20,000 Square Foot state-of-the-art Public Safety Building for Morgan State University in addition to Lidl.
Lidl was recently named a top 3 U.S. supermarket by Food & Wine Magazine. The company has earned significant customer loyalty due to its simplified shopping experience that enables customers to get incredible quality at attainable prices. To date, Lidl has won more than 500 awards for its private label assortment.
"Governor Hogan's initiative to transform Baltimore City neighborhoods through Project C.O.R.E. (Creating Opportunities for Renewal and Enterprise) has supported the important effort by Morgan State University and the Development Team to revitalize Northwood Commons," said Maryland Department of Housing and Community Development Secretary Kenneth C. Holt.
Lidl joins McDonald’s, WingStop, Fulton Bank, Bank of America (ATM), Barnes & Noble College, Morgan State University and Sunny’s Subs as tenants at Northwood Commons. Additional tenants will be announced soon.
“This project is a true example of what is possible when neighborhoods,community, government and private interests collaborate,”said P. David Bramble, Managing Partner for MCB Real Estateon behalf of the development team.“Lidl chose Northwood Commons due to the combined support from Mayor Young’s office, Morgan State University, the Baltimore Development Corporation and the State of Maryland” noted Mark Renbaum, Managing Partner of MLR Partners.
“We are excited that the Development Team has attracted a supermarket of the caliber of Lidl to anchor Northwood Commons,” stated Dr. David Wilson, President of Morgan State University. “The Morgan State University community has been yearning for decades for a place nearby to shop for fresh food, and now we finally have one.”
About Lidl
Lidl operates 10,800 stores and is active in 32 countries, employing around 287,000 employees globally. Lidl offers customers the highest quality fresh produce, meat, bakery items and a wide array of household products at the lowest possible prices. Lidl first established its U.S. headquarters in Arlington County, Virginia, in June 2015, and today sells its award-winning products in more than 75 stores across nine east coast states. For more information, visit www.Lidl.com.
About MCB Real Estate
Headquartered in Baltimore, MCB is a privately-held, institutionally-capitalized commercial real estate development and investment firm. The company owns and operates approximately eight million square feet of retail, industrial, commercial office and mixed-use projects. For additional information visit www.mcbrealestate.com
About MLR Partners
MLR Partners is a Baltimore-based real estate investment and development firm that specializes in value-add, special situations, and transformative projects in the Baltimore metropolitan area. MLR owns, operates, and manages retail and commercial properties positioned throughout the Baltimore metropolitan area.
About Northwood SC,LLC
The Northwood partnership has owned the Northwood Shopping Center since the late 1980s. They are a Baltimore-based real estate group that owns and manages over 600,000 sq. ft. of retail and commercial property throughout Maryland.
