Berkshire Hathaway HomeServices PenFed Realty Closes South Baltimore Office

| January 9, 2023 | 0 Comments

Berkshire Hathaway HomeServices PenFed Realty has closed its 6,600 sq. ft. brokerage at Southside Marketplace in Riverside/Locust Point after its lease ended at end of 2022. The company plans to open another office in the area.

A spokesperson for Berkshire Hathaway HomeServices PenFed Realty said that its rent was increased at Southside Marketplace and the company decided to move the office to the Spaces co-working space at 145 W. Ostend St. Suite 600.

Southside Marketplace owner Regency Centers did not respond to requests for comment.

Berkshire Hathaway HomeServices PenFed Realty’s closure leaves a large gap at Southside Marketplace as it goes through several changes. Walgreens recently closed its 9,200 sq. ft. space, but Five Below will take its place. Giant recently replaced Shoppers, and Quickway Japanese Hibachi will open at the shopping center in the coming months.

Southside Marketplace Cleaners also relocated in recent weeks to McHenry Row and changed its name to McHenry Row Cleaners.

Reflex Functional Fitness relocated to Silo Point last year and PetValu closed in 2020. Both spaces remain vacant. There are now six vacancies total at Southside Marketplace.

This article has been updated

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