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KLNB
KLNB Retail Investment Sales of Towson has brokered the sale of The Shoppes at Gateway Plaza, a 24,000-square-foot retail property in the 630-acre Columbia Gateway Business Community in Columbia, for $3.5 million. Gil Neuman of KLNB Retail Investment Sales, who represented the seller, Sanford Gateway, said in a statement that the firm received "multiple offers and hundreds of inquiries" for the property, bought by Columbia Gateway Plaza. The retail center has 10 tenants and is 87 percent leased. Neuman said, "We detect a tremendous pent-up demand in the investment community as the economy continues to recover, although relatively few assets are available for purchase."