Vista Shops at Golden Mile Acquired by Milbrook Properties

Milbrook Properties is pleased to announce the acquisition of Vista Shops at Golden Mile, a 98,858-square-foot neighborhood shopping center located in the heart of Frederick, Maryland's primary retail corridor. The addition of this well-established asset further strengthens Milbrook's growing East Coast portfolio and reinforces the company's commitment to investing in high-quality retail properties within strong regional markets.

Built in 1987, Vista Shops at Golden Mile is anchored by nationally recognized tenants including ALDI, Planet Fitness, and Dollar Tree. The 34-store shopping center benefits from exceptional visibility along Route 40 (West Patrick Street), which carries more than 51,000 vehicles each day. With 329 parking spaces, pylon and façade signage, and over 135,000 residents within a five-mile radius, the property serves as a convenient destination for both shoppers and businesses.The center is surrounded by more than 100 national retailers, creating a dynamic retail environment that generates consistent customer traffic.

The acquisition of Vista Shops at Golden Mile reflects Milbrook Properties' continued strategy of expanding its portfolio with well-located, grocery-anchored neighborhood shopping centers that provide long-term value for tenants, customers, and the communities they serve. Milbrook looks forward to building upon the property's strong foundation while continuing to deliver exceptional retail destinations across the East Coast.