War Horse, a Baltimore developer, has acquired several marinas and storage facilities for US$22.5m, according to the Baltimore Business Journal.
The Inner Harbor Waterfront portfolio includes the Baltimore Marine Centers, Baltimore Helipad, and more than a dozen other properties that include restaurants and retail spaces. The marina has more than 800 slips, with a boat storage facility and offices. It was sold for US$8.5m.
The paper reported that War Horse will release new development plans for the properties during the next few months.