Are better days ahead for Southwest Baltimore’s Mount Clare Junction shopping center?
That’s the hope of community residents and business leaders after learning the 234,000-square-foot shopping center at W. Pratt and S. Carey streets was recently sold to Carlyle Development Group of Purchase, New York.
With the sale, Mount Clare Junction became the latest of several under performing shopping centers in the city to get new owners or potential new owners.
Others include Northwood Plaza off Loch Raven Boulevard, which is undergoing a $50 million transformation, and the retail and office portion of The Village of Cross Keys, which Caves Valley Partners is negotiating to acquire from Ashkenazy Acquisition Corp and then upgrade.
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