Trademark Property Company to Manage & Evolve Annapolis Towne Centre
FOR IMMEDIATE RELEASE
Maggie Holley, Sunwest Communications
Leading mixed-use developer brings market expertise to unlock potential
ANNAPOLIS, Md. (Oct. 3, 2018) – Trademark Property Company, a full-service real estate firm based in Fort Worth, Texas, will manage and reposition Annapolis Towne Centre, a 659,158-square-foot outdoor shopping center in Annapolis, Md.
Located along the highly traveled Riva Road corridor, and immediately accessible from US Route 50, Annapolis Towne Centre is a shopping, dining and entertainment destination minutes away from downtown Annapolis.
The mixed-use center includes over 50 tenants, including premier lifestyle retailers and restaurants like Whole Foods Market, Anthropologie, Bed Bath & Beyond and Restoration Hardware. Annapolis Towne Centre hosts popular events like its summer concert series, all of which will continue under Trademark’s management, while looking for new ways to serve the community.
“Annapolis Towne Centre is a popular destination and we are excited to help write the next chapter of its story,” said Terry Montesi, CEO, Trademark Property Co. “Trademark Property Co. has recently expanded its portfolio, and we have a strong track record of uncovering the hidden potential in these types of complex properties. We see a big opportunity at Annapolis to add vitality and provide a better customer experience through events, programming, enhanced guest services and creating the space for those to be successful.”
Strategic planning will begin immediately with a thorough visioning process that brings together experts in consumer research, operations, merchandising, design, placemaking and development with input from the local community. Thereafter, Trademark will set a strategic plan with concrete initiatives that will improve the property and redevelop it for the future based on the continuing evolution of the retail industry and mixed-use places.
The property will be jointly leased by Trademark and local firm, KLNB, which brings Washington, D.C. and Baltimore market expertise to the leasing team.
Trademark has a 26-year track record as a value-add operator and advisor to institutional investors, helping retail properties evolve to meet the needs and aspirations of the community. As a leading mixed-use operator and developer, Trademark is committed to making a difference and being an extraordinary steward for all stakeholders.
Trademark’s portfolio of retail and mixed-used development expertise includes a number of recent notable redevelopment projects like Galleria Dallas, Victory Park in Dallas, Rice Village in Houston, WestBend in Fort Worth, Zona Rosa in Kansas City, Mo. and Saddle Creek in Germantown, Tenn. The addition of Annapolis Towne Centre expands Trademark’s portfolio to 19 retail, lifestyle and mixed-use projects totaling 7.1 million square feet operated by the company across the U.S.
About Trademark Property Company
Trademark Property Company is an operator, investor and developer of award-winning, mixed-use town centers, specialty, community, power centers and enclosed regional malls. In its over 25 years of business, Fort Worth, Texas-based Trademark has invested in or developed 14.6 million square feet of retail and mixed-use assets worth $3.4 billion. Trademark’s experienced team of 200 employees is responsible for approximately 7.1 million square feet of retail and mixed-use projects currently in operation or development/redevelopment, including: 5000 South Hulen (Fort Worth, Texas), Alliance Town Center (Fort Worth, Texas), Annapolis Towne Centre (Annapolis, Md.), Burr Ridge Village Center (Chicago, Ill.), Galleria Dallas (Dallas, Texas), Glades Plaza (Boca Raton, Fla.), Hillside Village (Cedar Hill, Texas), La Palmera (Corpus Christi, Texas), Market Street Flowood (Flowood, Miss.), Market Street – The Woodlands (The Woodlands, Texas), First Street Napa (Napa, Calif.), Perkins Rowe (Baton Rouge, La.), Rice Village (Houston, Texas), Saddle Creek (Germantown, Tenn.), Victory Park (Dallas, Texas), Watters Creek (Allen, Texas), Waterside (Fort Worth, Texas), WestBend (Fort Worth, Texas) and Zona Rosa (Kansas City, Mo.). For more information, visit www.trademarkproperty.com or interact on Facebook, Twitter and Instagram.