MCB Real Estate, the owner of Baltimore’s Harborplace pavilions, has expanded its holdings in Maryland with the acquisition of a retail property in Takoma Park.
MCB announced on Monday that it has purchased the Takoma Park Shopping Center, a 51,205-square-foot property at 8750 Arliss Street in Takoma Park.
Giant Food is the anchor, with a 45,435-square-foot branch. Another tenant is Montgomery Beauty School, which leases 2,538 square feet and is adding another 3,000-square-foot space.
Based in Baltimore, MCB acquired the property from an undisclosed private seller represented by JLL.
“The process for securing Takoma Park all started because of our close partnerships with some of the region’s most notable grocery brands,” said MCB co-founder and managing partner Peter Pinkard, in a statement. “MCB has cultivated deep trust with the grocers like Giant and our years-long connection with them was crucial in coming to an agreement on this transaction and obtaining a very popular asset that’s poised for even greater success.”
Other MCB projects include Viva White Oak, a 280-acre, 12 million-square-foot mixed-use development in Montgomery County, and The Shops at Fairway Village, a $115 million mixed-use project in Waldorf, scheduled to open in spring of 2026.
This week, MCB is welcoming seven temporary retail tenants to Harborplace as part of a collaboration with the Downtown Partnership of Baltimore and its Black Owned and Operated Storefront Tenancy (BOOST) program.
I would hope that someone will look into the community engagement process for the historic Chick Webb Memorial Recreation Center. For more than 3 years, a committee of 70 persons has met virtually for the interior exhibition. The process is flawed where the narrative of the center is not Baltimore based. The legacy of the center should reflect Chick Webb’s Deathwish “ youth to avoid juvenile delinquency to become good citizens”. The proposed internal exhibition does not reflect the purpose of the center’s development to reflect the true legacy of the center that keeps Chick Webb alive. The Department of Recreation and Parks aims to misrepresent Black history in Baltimore. The proposed exhibition fails to highlight testimony of former youth and the recreation leaders of the center that assisted youth to become good citizens. There is a heartwarming legacy of the center in relation to Black history in Baltimore.
Dear Ed Gunts, The more I read about the future Harbor Place and David Bramble I get the feeling that he is not prepared to to launch an exciting and appropriate redevepoment at Harbor Place that the Baltimore’s inner harbor deserves. What in the world is he thinking by venturing into another Maryland community’s retail redevelopment while our downtown site has not yet proven to be a draw to retail and tourism bussiness. Perhaps our City Fathers need to get involved.