Greenberg Gibbons, Vanguard Purchase Solo Cup Property

Owings Mills, Md. (September 1, 2011) — Greenberg Gibbons and Vanguard Equities, Inc., announced today that they have purchased the former Solo Cup manufacturing site in Owings Mills, Md. The two local companies will seek approval to redevelop the vacant 52-acre property into an upscale retail destination and gathering place for the community.

“Our offices in Owings Mills are less than a mile from the site and we plan to make this project a true showcase,” said Brian Gibbons, Chairman and CEO of Greenberg Gibbons.  “We are meeting with residents, community leaders and elected officials to gather input to help us shape a concept for the site and deliver something we can all be proud of.”

“The timing for this project could not be better as it will create thousands of new jobs and substantial new tax revenues for Baltimore County and the state,” added Brad Glaser, Principal of Vanguard.

Greenberg Gibbons and Vanguard plan to share a concept plan for the site with the public in mid-October.