Cold Spring Shopping Center, which was redeveloped in 2015, is sold. Fully occupied at the time of sale, the asset traded in a 1031 exchange, as per Schwaber’s strategy to upgrade and reposition its commercial portfolio.
As part of a capital recycling program, Schwaber Holdings sells Pikes Village, which was redeveloped in 2013 with long-term leases with Sherwin-Williams and Leslie’s Pool Supplies.
2010: The Cecilia Schwaber Trust dissolves, and Schwaber Holdings is formed. 2011: Schwaber Holdings hires Mark Renbaum as its CEO, working with the board 2013: Pikes Village is developed, anchored by Sherwin Williams and Leslie’s Pools. 2014: 6300 York Road is renamed Gittings Marketplace, and expands with…Read More
2004: Schwaber passes to its third generation of leadership as Rick and Mark Wagonheim and Dr. Jeffrey Gaber form a Board of Directors to work alongside existing Trustees. 2005: Yorkridge Shopping Center is redeveloped, anchored by a new 88,000 SF Kohl’s Department Store. 2006: 6300 York Road is…Read More
1981: Mr. Schwaber passes away, and the Schwaber interests are managed by the Cecilia Schwaber Trusts. 1982: Schwaber exits the movie theater business upon Mr. Schwaber’s death. Yorkridge 1 and Yorkridge 2 is leased to JF Theatres. 1983: Yorkridge 1 and Yorkridge 2 is converted into a four-screen…Read More
1971: Schwaber Companies moves to Pikesville from North and Pennsylvania Avenues. Schwaber acquires a small retail strip in Pikesville, which is home to the Suburban House restaurant. 1973: Opens MiniFlick I and II, a neighborhood movie theater in the heart of Pikesville, with two, twin, 150 seat auditoriums, offering its patrons an “intimate”…Read More
1961: Purchases Foxleigh Nursing Home in Reisterstown, Maryland, and builds an assisted living business that eventually goes public on the American Stock Exchange. 1961: Purchases 22 acres in Owings Mills and opens The Valley Drive-In Movie Theater, which later becomes Valley Centre Shopping Center. 1962-64: Yorkridge Shopping Center…Read More
1956: “Boots” Wagonheim spearheads the acquisition of The Parkway, and re-brands it as an art-house theater called “The 5-West”. 1957: Develops 6 acres at (6300) York Road and Gittings Avenue, a neighborhood community strip center anchored by A&P Grocery Store. The shopping center is redeveloped nearly 50 years later,…Read More
Early 1950’s: Milton Schwaber’s son-in-law, Howard “Boots” Wagonheim rebrands Schwaber Theaters as “The World Fare Cinemas”, and opens Baltimore’s first art-house cinemas featuring first-run foreign films while serving coffee, cappuccino and biscotti (instead of Coke and Popcorn). Wagonheim expands Schwaber’s art-house presence by transforming The Homewood into The Playhouse (1951)…Read More
Library of Congress, Motion Picture Division, LaFalce Exploitation Collection, Box G51 1940s: Schwaber expands into the film exhibition business by building a chain of neighborhood movie theaters, starting with the Apex Movie Theater (1942); Homewood Movie Theater (1946); Paramount Movie Theater (1947); and the Metropolitan Movie Theatre (aka…Read More
1938: Milton Schwaber enters the film exhibition industry, building his first movie theater- The Linden, which is located on West North Avenue in Baltimore City.
Late 1920s – 1930s: Milton Schwaber founds Schwaber Properties by purchasing small lots in and around Baltimore City, and becoming one of the first Landlords to gas station operators in the City of Baltimore. 1926: Moves office to North and Pennsylvania Avenues
Other Properties
Yorkridge Shopping CenterVIEW PROPERTYDominant shopping center anchored by Kohl’s, Michaels, MOM’s Organic Market, and Towson Hot Bagels. Adjacent to Lutherville Station, anchored by Old Navy, Big Lots and Restoration Hardware Outlet. Available space provides great visibility and parking.{{meta:wpsl_address}}Gittings MarketplaceVIEW PROPERTYLocated in one of the wealthiest, most densely populated areas of Baltimore City, this center offers excellent visibility along York Road and a large parking field for its tenants. Close proximity to Towson University, Loyola University, Goucher College, and Morgan State University - a total student population over 38,000.{{meta:wpsl_address}}Bunting Garage at Mercy HospitalVIEW PROPERTYA 1300-space parking garage built in 2007, located on Pleasant Street in Downtown Baltimore on the Mercy Medical Center campus.{{meta:wpsl_address}}E&M InvestmentsVIEW PROPERTYInvestment subsidiary wholly owned by Schwaber Holdings and comprised of land parcels and net-leased commercial properties throughout Baltimore City and Baltimore County.{{meta:wpsl_address}}