Our History

 

 

Schwaber Company History

2025
2022
2022

North Avenue property sold to Amtrak in 2022 to make way for Amtrak improvements.

2020
2020

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.

2020

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
2010s: SCHWABER HOLDINGS
2010s: SCHWABER HOLDINGS

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

2000
2000s: NEW BEGINNINGS
2000s: NEW BEGINNINGS

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

1980
1980s: A TIME OF TRANSITION
1980s: A TIME OF TRANSITION

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

1970
1970s: PIKESVILLE OPERATIONS AMID A TIME OF TRANSITION
1970s:  PIKESVILLE OPERATIONS AMID A TIME OF TRANSITION

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

1960
1960s: SUBURBAN EXPANSION
1960s: SUBURBAN EXPANSION

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

1955
1950’s: AN EYE TO THE FUTURE
1950’s: AN EYE TO THE FUTURE

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

1950
1950s: BALTIMORE GOES TO THE MOVIES
1950s:  BALTIMORE GOES TO THE MOVIES

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

1940
1940s: SCHWABER THEATERS
1940s: SCHWABER THEATERS

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

1930
1930s: THE EARLY DAYS

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.

1920
1920s: GETTING STARTED

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