Greysteel Retail Team Led by Gil Neuman Named Exclusive Advisor ...

FOR IMMEDIATE RELEASE
Press Contact: Christine McCary
202-280-2715
GREYSTEEL RETAIL TEAM LED BY GIL NEUMAN NAMED EXCLUSIVE
ADVISOR AND AGENT ON SALE OF TERRAPIN STATION SHOPPING
CENTER IN COLLEGE PARK, MARYLAND.
Located at the University of Maryland’s flagship campus in downtown College
Park directly fronting Baltimore Avenue / Route 1.
College Park, Maryland (April 8, 2013) - The Greysteel Company’s Mid-Atlantic
retail investment sales team led by Gil Neuman has been named exclusive
advisor and agent for the sale of Terrapin Station, a modern urban-infill net
leased shopping center in the heart of College Park, Maryland. The 12,995
square foot center is located at the intersection of Baltimore Avenue (Route 1)
and Hartwick Road on a prime retail corridor within the Washington D.C. Beltway
that sees an average of 45,000 cars passing daily. The center is 100% occupied by
a diverse mix of service-oriented tenants catering to the dense population of
residents and students. Greysteel is exclusively representing seller Greenhill
Companies.
The University of Maryland – College Park campus is home to more than 37,000
students and 13,000 employees. “Terrapin Station offers the rare opportunity to
acquire a multi-tenant retail center within walking distance to the on and off
campus housing and Fraternity Row of the largest public university in the region,”
said Gil Neuman. “The high ranking institution only continues to grow, as
evidenced by more than 1,200 new housing units developed in recent years.”
The center sits a few blocks from both the Marc Commuter Rail and the
Washington D.C. Metro Station serviced by the Green Line. In close proximity are
student housing developments Graduate Garden Apartments, College Park
Towers and South Campus Commons, the University’s apartment community
with rooms for 2,195 students.

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Decades of combined experience and well-earned reputation as a “market
maker” provide the perfect foundation to build an enduring organization. Today,
Greysteel represents our founders’ vision that clients are best served by a tightly
integrated, collaborative, and conflict-free platform that aligns the client’s
interests with those of our firm and its professionals. Throughout our careers we
have built lasting relationships with both private and institutional investors by
developing solutions with one goal in mind: to serve the interests of our clients
as if they were our own.
The Greysteel Company
7735 Old Georgetown Road, Suite 301
Bethesda, Maryland 20814
202.280.2722
info@greysteel.com