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Family Dollar to anchor Cold Spring Shopping Center

Family Dollar to anchor Cold Spring Shopping Center

A Family Dollar store is slated to open this fall as an anchor tenant in Cold Spring Shopping Center in Baltimore, the chain announced.

Family Dollar Stores Inc. signed a lease for nearly 9,000 square feet in the center at Cold Spring Lane and Loch Raven Boulevard, owned by Schwaber Holdings.

The Matthews, N.C.-based chain is being acquired by Dollar Tree Inc. in an $8.5 billion merger announced last week that would create North America's biggest dollar store chain.

Family Dollar sells mostly lower-margin consumables such as food and household products priced between $1 to $5 and targets urban shoppers in lower-income neighborhoods. It has 26 stores in Baltimore City and...