Sales down for some key tenants at Baltimore’s Harborplace, where nearly a third of spaces are vacant

Jul 24

EXCERPT:

Nearly a third of Baltimore’s Harborplace was vacant as of June and some of its retailers have struggled with declining sales for years, a report by the court-ordered receiver for the Inner Harbor attraction shows.

IVL Group LLC also said the property needs maintenance and repairs in its first report to Baltimore City Circuit Court since being appointed May 30 to manage and lease the waterfront festival marketplace.

Read the full article from the Baltimore Sun here.

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MCB - Harborplace

MCB Real Estate is an institutional investment management firm that invests in a diverse portfolio of operating assets and development projects. The Our Harborplace team is engaging with the community to make sure the Harborplace project is an authentic representation of Baltimore. The revitalization of Harborplace aims to make the waterfront a world-class destination for Baltimoreans and visitors.

Sales down for some key tenants at Baltimore’s Harborplace, where nearly a third of spaces are vacant

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