News

Roses Discount Department Store to Open at Parkside Shopping Center in Northeast Baltimore

MacKenzie Commercial Real Estate Services, LLC is proud to have represented The Cosmo Company in the addition of Roses, a discount department store, to Parkside Shopping Center at 5100-A Sinclair Lane in Baltimore, MD. Moving into an approximately 45,000 square foot space formerly occupied by K-Mart, Roses will serve as the second anchor to the shopping center, joining Giant Foods, Wells Fargo, and DTLR, among other notable national retailers. Roses grand opening will be held on March 29th, 2018.

Roses, a regional retail chain founded in 1915 by Paul Howard Rose, was purchased by Variety Wholesalers, Inc., in 1997. Variety Wholesalers, Inc. is a family-owned business established in 1922 that operates nearly 400 stores and is currently based in Henderson, NC. Learn more about Variety Wholesalers, Inc. and Roses stores here and here.

Laura Williams and Tom Fidler of MacKenzie Retail, LLC represented the landlord, The Cosmo Company, throughout the project. “The signing of Roses is a great addition to this project and community,” stated Laura Williams.  “While interest in the remaining available space has been strong, we expect the momentum created by Roses to cause an uptick in leasing activity.” Peter Grose, Vice President of The Cosmo Company, the landlord, showed similar enthusiasm, “We are excited about Roses complimenting the offerings of our existing tenants and welcome them to Parkside Shopping Center, where we know they will thrive within our growing center with their broad variety of products.”

Parkside Shopping Center totals nearly 184,000 square feet and boasts excellent visibility, tremendous frontage and multiple access points. Approximately 40,000 square feet remain available for lease—the space is ideal for one tenant or can be divided to accommodate multiple uses.

For more information on Parkside Shopping Center, please visit MacKenzie’s listing here. For leasing inquiries, please contact Tom Fidler at (410) 494-4860 or tfidler@mackenziecommercial.com, or Laura Williams at (410) 494-4864 or lwilliams@mackenziecommercial.com.

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MacKenzie Ventures, LLC (MacKenzie) possesses the multi-disciplined team necessary to excel in Maryland’s corporate real estate community. Comprising seven firms, MacKenzie provides clients a competitive, full service platform of offerings in leasing, sales, investment sales, tenant and landlord advisory services, corporate and business consulting, commercial and residential development, general construction, property and asset management, debt and equity capital placement, and market research.  With more than 225 employees and offices in Annapolis, Baltimore, Bel Air, Columbia, and Lutherville, Maryland, MacKenzie is one of the largest full service commercial real estate firms in the Mid-Atlantic. Please visit www.mackenziecommercial.com for more information.