BCP INVESTORS ACQUIRES 31-ACRE PARCEL
BALTIMORE — BCP Investors, a development partnership between Doug Schmidt and Neil Tucker of Chesapeake Real Estate Group and David Strouse of Birchwood Capital Partners, has acquired a 31-acre parcel of land located in the Canton section of Baltimore from Exxon Mobile Corp. BCP Investors plans to break ground on a two-phase retail center next year. Phase one will include 275,000 square feet of retail space, and phase two will include 100,000 square feet of retail space, to be developed once Exxon fully vacates the eastern portion of the site. Doug Kaufman of Grubb & Ellis' Baltimore office represented the buyer in the transaction. Chesapeake Real Estate Group will handle leasing for the project.