A. J. & C. Garfunkel receives $45m in financing to refinance shopping center in Maryland

A. J. & C. Garfunkel announced it has received a $45 million dollar loan for its Corridor Marketplace property located in Laurel, Md. EagleBank provided the financing.

Corridor Marketplace is a 452,102-square-foot retail center located at the southwest corner of the intersection of the Baltimore Washington Parkway and Rt. 198 in Laurel, in Anne Arundel County. Considered a “power center,” Corridor Marketplace’s primary tenants include Kohl’s, Hobby Lobby, Total Wine & More, Target, Big Lots and Aldi. This shopping center is conveniently located less than 12 miles from Baltimore-Washington International Airport and a short drive from nearby cities including Baltimore.

“From application to closing, working with EagleBank was a quick and seamless experience,” said Charles Garfunkel, co-owner at A. J. & C. Garfunkel and president at Garfunkel Development Corp. “Our relationship management team ensured we received the right guidance to