By Jamie Smith Hopkins, The Baltimore Sun
7:20 PM EST, December 19, 2011
Annapolis Towne Centre at Parole has closed on a $135 million refinancing of its construction loan.
CBRE Capital Markets, which arranged the deal, said Monday that the retail project got a seven-year loan with HSBC Bank.
Annapolis Towne Centre's retail, developed in 2008 by Owings Mills-based Greenberg Gibbons, is one piece of a 2.2-million-square-foot complex with offices, apartments and condos as well as shops and a grocery store. The project is 95 percent leased, CBRE Capital Markets said.
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