Klein Enterprises closes $28M sale of Owings Mills apartments

Baltimore-based developer Klein Enterprises announced Wednesday the sale of the Townes at Mill Run Apartments in Owings Mills for approximately $28 million. The sale of the property at 629 Wilbur Square represents a 5 percent cap rate on in place income and brokered by JLL. The apartment community was developed by Klein Enterprises in 2014 and consists of ...

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