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Baltimore retail - Volume XI
WEEKLY RETAIL DIGEST
CBRE
A weekly review of retail intelligence from CBRE, including what others are talking about in retail neighborhoods around Baltimore.
In The News
Continental Realty bets big on distressed retail centers with $240M fund​, Baltimore Business Journal
Continental Realty Corp. is joining the ranks of private investors going after distressed retail centers. The Baltimore-based management and investment firm said Friday it has closed a $240 million private equity fund called the Continental Realty Opportunistic Retail Fund that is seeking to acquire struggling strip malls across the U.S., most of them with national chain anchors. Article Link

Chef Ashish Alfred eyes opening date for Fells Point Italian restaurant​, Baltimore Business Journal
The chef behind Duck Duck Goose in Fells Point is getting ready to open another restaurant in the neighborhood, this time focused on Italian cuisine. Ashish Alfred hopes to open Osteria Pirata at 1640 Thames St. this May. The restaurant, located in the former Points South Latin Kitchen space left vacant in 2019, is part of a larger project for Alfred at the Admiral Fell Inn at 888 S. Broadway. Article Link

Baltimore adopts policy for permanent outdoor dining, CBS Baltimore
The Baltimore City Department of Transportation plans on making expanded outdoor dining permanent with the adoption of a new curbside commercial policy, the agency said Friday. The new policy will "formalize curbside facility construction standards, permit holder responsibilities, and safety improvements for pedestrians, diners, and all roadway users," the agency said. Article Link
For more information, please contact:
Kevin 
Gold
Senior Research Analyst
+1 703 582 5727
kevin.gold@cbre.com
Laurence
Oster
Senior Vice President
+1 410 244 7100
laurence.oster@cbre.com
CBRE Professional Profile
Jack
Taylor
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