Kildare Partners, Atlas Hill Real Estate, and Centennial today announced the sale of Annapolis Mall. Kildare Partners is a private equity firm targeting investments in commercial real estate in the United States and Europe; Atlas Hill Real Estate is led by industry veteran Sandeep Mathrani; and Centennial, part of Lincoln Property Company, is a national retail real estate owner and operator with a portfolio of shopping, dining, entertainment and mixed-use destinations and a full-service property management platform serving third-party owners. The strategic exit follows a highly successful repositioning that has meaningfully elevated the center’s value, occupancy, and competitive standing in one of the mid-Atlantic’s most sought-after retail trade areas.

Centennial, a national owner and operator of retail and mixed-use destinations, and Lincoln Property Company (“Lincoln”), a global full-service real estate firm, today announced the launch of “Centennial, powered by Lincoln,” a national retail operating platform created to provide owners and investors with multi-discipline retail expertise supported by a vertically integrated real estate infrastructure.

The next phase in the transformation of
MainPlace is underway as community, civic and business leaders gathered today to celebrate the groundbreaking of The Carina, a new multifamily residential community that will bring 408 modern apartments to the heart of Santa Ana. Developed by Lowe, in partnership with MainPlace owner Affinius and owner/operator Centennial, The Carina is part of the continued evolution of MainPlace into a mixed-use destination integrating residential living with shopping, dining and entertainment.