Linway Capital Partners Makes Acquisition of
Denton Plaza in Denton, MD

GREAT FALLS, VA — Linway Capital Partners (“LCP”) is pleased to announce that it has acquired Denton Plaza, an 18,000 square foot multi-tenant credit anchored strip center located in Denton, MD. The center is located on the main retail thoroughfare of Denton and is positioned on the main highway to and from the Eastern Shore beaches. The center is anchored by Dollar General and presents the opportunity to add value through lease up and improved signage. The asset was acquired with low leverage, long-term debt in partnership with Chain Bridge Bank N.A. The deal was identified and facilitated by Vito Lupo at KLNB.

LCP’s Principal Drew Briscoe stated, “We are pleased to grow the Linway partnership with another necessity and service-oriented retail asset, the 3rd in a strategy to acquire small cap shopping center investments.”

LCP plans to continue its shopping center portfolio growth with at least three additional acquisitions this year. With a fresh perspective on retail CRE, the company strives for success by identifying properties with good access, visibility, and demographics that have a symbiotic relationship with online services and a tenant mix that performed well throughout the pandemic.

3/10/2023