Klein Enterprises, LLC acquired Portfolio of Nine Grocery-Anchored Shopping Centers in Maryland, Virginia, and Pennsylvania from Cedar Realty Trust, Inc. (NYSE:CDR) on July 13, 2022. As part of the transaction, Klein is acquiring seven stabilized shopping centers and two centers actively under redevelopment, including Valley Plaza in Hagerstown, Md. and Yorktowne Plaza in Cockeysville, Md. United Bank provided debt financing for the acquisition.

Klein Enterprises, LLC completed the acquisition of Portfolio of Nine Grocery-Anchored Shopping Centers in Maryland, Virginia, and Pennsylvania from Cedar Realty Trust, Inc. (NYSE:CDR) on July 13, 2022.