MCB Real Estate’s Retail Portfolio Continues to Grow With Addition of Annapolis Plaza

MCB Real Estate, an institutional commercial real estate investment management firm and developer with nationwide holdings, announced today the successful purchase of an ownership interest in Annapolis Plaza, a 165,565-square-foot high-velocity retail destination located at 150 Jennifer Road in Annapolis, Maryland. MCB's institutional partner will retain an ownership interest in the property, while MCB will oversee leasing strategy, asset management, and property management at the center, leveraging MCB's fully integrated, vertically aligned platform.

Annapolis Plaza represents the latest asset in MCB's established grocery-anchored retail portfolio. MCB identified the resilience of necessity-based retail properties early in the market cycle and has consistently demonstrated strong performance by securing assets in dynamic, high-demand retail locations. This latest move further expands the firm's footprint in the Mid-Atlantic while tapping into the intense consumer demand within the Annapolis area.

Annapolis Plaza serves as a primary retail destination with 2.8 million visits in 2025, driven by several premier retailers including Maryland's most visited Trader Joe's, Homesense, HomeGoods, and Marshalls, with a soon-to-open World Market joining the list. The regional average household income exceeds $125,000, providing the center's retailers with a customer base that drives consistent sales volumes. The center captures traffic volume of over 120,000 average daily traffic (ADT) from the adjacent US-301/US-50 corridor.

"The acquisition of Annapolis Plaza is a testament to our team's ability to identify high-quality institutional assets that align with our long-term growth objectives," says P. David Bramble, Managing Partner and Co-Founder of MCB Real Estate. "By securing a dominant center with some of the most attractive retailers in the country, we are capitalizing on proven foot traffic and long-term stability. We remain focused on maintaining this momentum as we continue to scale our national retail platform."

As MCB accelerates its expansion across industrial, life sciences, office, mixed-use, and multifamily sectors, retail remains a fundamental cornerstone of its operator model. The Annapolis Plaza transaction serves as a prime example of this strategy, following the Q1 2026 acquisition of Texas-based Epic Real Estate Partners, which added $575 million in AUM, and the ongoing $100 million redevelopment of the former Century 21 department store parcel in Bay Ridge, Brooklyn. GlobeSt has named the MCB Real Estate retail team a 2026 Influencer in Retail Real Estate, recognizing organizations whose operational excellence is shaping the future of the nation's retail sector.