FOUR MORE STORES ADDED TO NEW WAUGH CHAPEL TOWNE CENTRE

$275 Million, Open-Air Development Features Retail, Commercial Space

Owings Mills, Md. (June 14, 2012)  Continuing on a fast track, Greenberg Gibbons announced today that four additional stores will be added in June to its growing new development: the multi-use, multi-million dollar Waugh Chapel Towne Centre in Gambrills, Md.

Coal Fire, Snip-Its, PNC and Subway will take their place with a wide variety of businesses offering shopping, dining and professional services:

• Coal Fire – A Maryland exclusive, Coal Fire offers artisan-style pizza, along with fresh salads and sandwiches, in an upscale, intimate setting with full-service bar.
• Snip-Its – This child-themed venue provides haircuts and kid-friendly products, along with parties, for the small set.
• PNC – The seventh largest bank by deposits in the United States, PNC offers an array of banking and financial services.
• Subway – Fit meets flavor at Subway, which offers tasty sandwiches, salads and breakfast items with a wide variety of low-calorie selections.

The first store, Target, opened in March 2012. Eight more businesses, including Dick’s Sporting Goods, were added in May. Wegmans, a popular regional supermarket, is coming this fall.

Located in West Anne Arundel County, Waugh Chapel Towne Centre is the nation’s largest retail project currently under construction, according to Shopping Centers Today. When completed, the $275 million mixed-use project will have nearly 650,000 square feet of retail space and 130,000 square feet of Class A office space. The Beacon at Waugh Chapel, a 298-unit apartment complex being built by Bozzuto Group, is expected to open in 2013. The property is located next to the popular Village at Waugh Chapel, which is also managed by Greenberg Gibbons.