www.baltimoresun.com/business/bs-bz-annapolis-towne-centre-refinancing-20111219,0,2945722.story

baltimoresun.com

Annapolis Towne Centre refinances loan

By Jamie Smith Hopkins, The Baltimore Sun

7:20 PM EST, December 19, 2011

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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.

jhopkins@baltsun.com

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