Saturday, November 14, 2020

GIANT - LIVINGSTON SQUARE HAS BEEN SOLD!


 Thanks to Council Member Monique Anderson-Walker:

"Giant - Livingston Square has been sold! Velocity Cos. announced 11/12/20 that it acquired the Giant-anchored Livingston Square shopping center in Fort Washington, MD from Giant's real estate arm. A Velocity spokesperson shared that it acquired the 11-acre property for $5.2 million and plans to invest additional money in the renovation.
We have reached out to the new owner to arrange a meeting to discuss District 8 community needs."

Thanks to Herb Jones, President, TNACA, for the link to the new owner's announcement:

https://thevelocitycompanies.com/2020/11/12/award-winning-regional-developer-to-lead-the-revitalization-of-livingston-square-as-a-community-shopping-center-hub/