State Farm Insurance to Join Kings Point Square
State Farm Insurance enters into lease for 1,247 sf at Kings Point Square, 9900 Liberty Road, Randallstown, MD.
Adam J. Fitzpatrick represented State Farm in the transaction and Joe Savaro of Commercial Property Associates represented Kings Point Associates, LLC. State Farm will offer a selection of sales and services related to financial and insurance products.
“State Farm provides yet another important tenant to Kings Points Square that diversifies and enriches our tenant mix”, said Lee Brahin, CEO of Brahin Properties.
State Farm began in 1922 as an automobile insurance company and today services over 80 million policies in the U.S. and Canada covering auto, fire, life, and financial accounts. King’s Point Square is a convenient service oriented strip and professional center, Strategically positioned next to the rapidly expanding Owings Mills growth area in northwest Baltimore County.
This architecturally inviting center is located in a strong demographic area just 10 minutes west of the Baltimore Beltway (1-695), easily accessible from Carroll County, Howard County, and Baltimore City.
Brahin Properties is a well established commercial real estate developer based in Philadelphia that has ownership or management interest in commercial properties in seven states including; Pennsylvania, New Jersey, New York, Delaware, Maryland, Florida and Oklahoma. The majority of the portfolio is comprised of retail properties, such as community shopping centers, but it is a diverse package of investments that includes; office, medical, industrial, residential, self-storage, and a 700 acre mixed use Motorsports Park resort. They are pursuing further growth through initiating asset value enhancement projects, acquisition of existing retail properties and third-party management responsibilities.