Harborplace Acquired By Baltimore-Based Developer MCB Real Estate

BALTIMORE (WJZ) — Baltimore-based developer MCB Real Estate has reached an agreement to acquire Harborplace in Downtown Baltimore, pending court approval. The developer is promising big changes coming to the Inner Harbor.
Harborplace first opened in 1970, replacing a historically industrial area with a waterfront mall, bringing thousands of tourists to the heart of the city.
New York firm Ashkenazy Acquisition owned the buildings since 2013 with a long-term ground lease from Baltimore City