Premier Sells 60,000 sf Shopping Center in Edgewater MD

The 60,000 SF SHopping center repositioned and sold in edgewater, Maryland

Premier is pleased to announce that in April 2025 it sold its 60,000 neighborhood shopping center in Edgewater MD known as Main Street at South River Colony. When Premier purchased Main Street in December 2019, the center was 30% vacant and plagued with a host of issues and a negative stigma within the brokerage and tenant community. Premier immediately implemented a comprehensive marketing and events program, brought in Rosso Commercial to help with the leasing, and made various improvements to the property. The result: a 100% leased and completely transformed shopping center with a synergistic tenant mix. Premier sold the center to a prominent local business owner and was retained to manage the center.