Marley Station Mall

Taubman Centers completed Marley Station in 1987.{{cite news|url=https://www.washingtonpost.com/archive/business/1987/02/23/regional-mall-opening-in-anne-arundel-county/01734479-5693-4b20-babb-4cf06b06f6bc/|title=Regional Mall Opening In Anne Arundel County|last=Meyer|first=Caroline|date=February 23, 1987|work=The Washington Post|access-date=January 1, 2011}} At the time, it included two anchor stores: Hecht's and Macy's. During construction in 1985 a body was discovered in a trash can on the site, which was not identified as Roger Kelso until 2019.{{cite news|url=https://wtop.com/anne-arundel-county/2019/06/police-id-body-found-in-1985-as-md-man-missing-since-1962/|title=Police ID body found in 1985 as Md. man missing since 1962|last=Massimo|first=Rick|date=June 19, 2019|work=WTOP-FM|access-date=June 19, 2019}} Taubman expanded the mall in 1994 with a third anchor, JCPenney, which was the most-requested store among mall patrons at the time.{{cite news|url=https://www.baltimoresun.com/1993/05/27/marley-station-expands-with-new-anchor-store/|title=Marley Station expands with new anchor store|last=Mirabella|first=Lorraine|date=May 27, 1993|work=The Baltimore Sun|access-date=January 1, 2011}} Sears was added in 1996 as a fourth anchor. This store replaced an existing Sears in Glen Burnie which was built in the 1960s.{{cite news|url=https://www.baltimoresun.com/1996/10/02/sears-opening-store-at-marley-station-mall-ritchie-highway-location-to-close-transfer-workers/|title=Sears opening store at Marley Station Mall; Ritchie Highway location to close, transfer workers|last=Lee|first=Consella|date=October 2, 1996|work=The Baltimore Sun|access-date=January 1, 2011}}

In 2006, Macy's relocated to the Hecht's building when Macy's parent company bought that of Hecht's{{cite news|url=https://www.baltimoresun.com/2006/04/28/hechts-to-macys-switch-to-begin/|title=Hecht's to Macy's switch to begin; Conversion starts at 3 stores Sunday|last=Walker|first=Andrea K.|date=April 28, 2006|work=The Baltimore Sun|access-date=January 1, 2011}} and sold its original location to Boscov's.{{cite web|url=http://www.bizjournals.com/baltimore/stories/2006/02/06/daily5.html?jst=b_ln_hl|title=Macy's moves out, Boscov's moves in|last=Clabaugh|first=Jeff|date=February 6, 2006|work=BizJournals.com|access-date=January 1, 2011}} Boscov's operated out of the former Macy's for only two years, closing the store in 2008 as part of the chain's bankruptcy proceedings.{{cite news|url=http://nl.newsbank.com/nl-search/we/Archives?p_product=NewsLibrary&p_multi=BDRB&d_place=BDRB&p_theme=newslibrary2&p_action=search&p_maxdocs=200&p_topdoc=1&p_text_direct-0=12264A846031D240&p_field_direct-0=document_id&p_perpage=10&p_sort=YMD_date:D&s_trackval=GooglePM|title=With Boscov's closing three Baltimore-area stores, questions remain about how to replace them|date=August 6, 2008|work=The Daily Record|access-date=January 1, 2011}} It was reported in 2012 that a 300,000-square-foot data center would open in the former department store.{{cite news |title=Marley Station struggles in weak economy |first=Sara |last=Blumberg |url=http://www.capitalgazette.com/search/cg2-arc-c46d9267-68ab-51d2-85e3-51a5522f5f21-20120926,0,7311790.story |newspaper=Maryland Gazette |publisher=Baltimore Sun Media Group |location=Annapolis, Maryland |date=September 26, 2012 |access-date=September 27, 2012}}{{cite news|last=Sharrow|first=Ryan|title=Data center to open in former Boscov's Glen Burnie site|url=http://www.bizjournals.com/baltimore/blog/real-estate/2012/03/data-center-to-open-in-former-boscovs.html|access-date=June 30, 2013|newspaper=Baltimore Business Journal|date=March 19, 2012}}

Taubman sold the mall to Mills Corporation, later part of Simon Property Group, in 2004.{{cite news|url=https://www.baltimoresun.com/2004/08/18/business-digest-584/|title=Business Digest|date=August 18, 2004|work=The Baltimore Sun|access-date=January 1, 2011}} The Woodmont Company of Dallas/Fort Worth was appointed as the receiver to manage and lease Marley Station in March 2013 until Bank of America settles a loan dispute with Simon Property Group or forecloses.{{cite news|last=Blumberg|first=Sarah|title=Loan dispute forces Marley Station into receivership|url=http://www.capitalgazette.com/cg2-arc-723c1572-b4b8-50f6-89e0-cb9ad391a995-20130518-story.html|access-date=May 19, 2013|newspaper=Maryland Gazette|publisher=Baltimore Sun Media Group|date=May 18, 2013|location=Annapolis, Maryland}}

In January 2012, AiNET purchased the largest single building at Marley Station mall, the former Boscov's space, to operate the CyberNAP data center.{{cite news|last1=Censer|first1=Marjorie|title=More data centers coming to Maryland|url=https://www.washingtonpost.com/business/capitalbusiness/more-data-centers-coming-to-maryland/2012/03/05/gIQA7gWeLS_story.html|access-date=April 22, 2015|work=The Washington Post|date=March 18, 2012}}{{cite news|last1=FitzGerald|first1=Drew|last2=Ziobro|first2=Paul|title=Malls Fill Vacant Stores With Server Rooms|url=https://www.wsj.com/articles/malls-fill-vacant-stores-with-server-rooms-1415042980|access-date=April 22, 2015|work=The Wall Street Journal|date=November 3, 2014}} Unlike the rest of the mall (except Macy's), the AiNET space is three-stories.{{cite news|last1=Miller|first1=Rich|title=AiNET to Convert Department Store into CyberNAP|url=http://www.datacenterknowledge.com/archives/2012/03/19/ainet-to-convert-department-store-into-cybernap/|access-date=May 13, 2015|work=Data Center Knowledge (DCK)|date=March 19, 2012}} At capacity, AiNET expects $1 billion in economic activity and 2,500 jobs at CyberNAP.{{cite news|last1=Maties|first1=Adrian|title=AiNET to open Data Center in Glen Burnie|url=http://www.cpexecutive.com/cities/baltimore/ainet-to-open-data-center-in-glen-burnie/1004051979.html|access-date=May 13, 2015|work=Commercial Property Executive|date=March 23, 2012}}

In June 2013, AiNET (owner of CyberNAP) expressed an interest in buying all the properties to expand the data center throughout the mall.{{cite news|last=Blumberg|first=Sarah|title=Looking for a new purpose for Marley Station mall|url=http://www.capitalgazette.com/news/government/looking-for-a-new-purpose-for-marley-station-mall/article_d97dd8b6-ef04-52b4-bcac-1cdfab44d85e.html?mode=story|access-date=June 30, 2013|newspaper=Maryland Gazette|publisher=Baltimore Sun Media Group|location=Annapolis, Maryland|date=June 9, 2013|url-status=dead|archive-url=https://archive.today/20130630195921/http://www.capitalgazette.com/news/government/looking-for-a-new-purpose-for-marley-station-mall/article_d97dd8b6-ef04-52b4-bcac-1cdfab44d85e.html?mode=story|archive-date=June 30, 2013}}{{cite news|last=Verge|first=Jason|title=AiNET Looking to Convert Entire Shopping Mall to Data Center|url=http://www.datacenterknowledge.com/archives/2013/06/13/cybernap-looking-to-expand-into-entire-failing-mall/|access-date=June 30, 2013|newspaper=Data Center Knowledge (DCK)|date=June 13, 2013}} However, the mall's manager, The Woodmont Co., said there are no plans to sell or close down, but rather, "We are working to increase current occupancy by both retaining existing tenants as their leases renew and by leasing current vacancies."{{cite news|last=Blumberg|first=Sara|title=Marley Station mall: Retail is here to stay|url=http://www.capitalgazette.com/search/cg2-arc-a0cc5c8f-6d87-5a09-ad47-55ac0b213e8c-20130629,0,4765207.story|access-date=June 30, 2013|newspaper=Maryland Gazette|publisher=Baltimore Sun Media Group|location=Annapolis, Maryland|date=June 29, 2013}}{{cite news|last1=Sentementes|first1=Gus G.|title=Data Center: Beltsville company to open data center in former Boscov's store in Glen Burnie|url=http://articles.baltimoresun.com/2012-03-20/news/bs-bz-ainet-data-center-20120320_1_cyber-security-data-boscov|archive-url=https://archive.today/20150422222351/http://articles.baltimoresun.com/2012-03-20/news/bs-bz-ainet-data-center-20120320_1_cyber-security-data-boscov|url-status=dead|archive-date=April 22, 2015|access-date=April 22, 2015|work=The Baltimore Sun|date=March 20, 2012}}{{cite news|last1=Blumberg|first1=Sara|title=Looking for a new purpose for Marley Station mall|url=http://www.capitalgazette.com/search/cg2-arc-d97dd8b6-ef04-52b4-bcac-1cdfab44d85e-20130608,0,4023744.story|access-date=April 22, 2015|work=Maryland Gazette|publisher=Baltimore Sun Media Group|location=Annapolis, Maryland|date=June 8, 2013}}

At the start of 2012, Marley Station had a vacancy rate of 44%, up from 33% a year earlier. In June 2013 a spokeswoman for Woodmont said the occupancy rate at the mall was close to 85%.

The mall was listed on a real estate web site as being up for auction on September 25, 2013.{{cite web|title=Substitute Trustees' Sale: Regional Shopping Center (Except the Portion of the Property Described Below) Known as Marley Station Mall|url=http://realestate.alexcooper.com/upcoming/featured/details/foreclosure-569/|work=Featured Auctions|publisher=Alex Cooper Real Estate / Alex Cooper Auctioneers|access-date=October 18, 2013|archive-url=https://web.archive.org/web/20131019110110/http://realestate.alexcooper.com/upcoming/featured/details/foreclosure-569/|archive-date=October 19, 2013|url-status=dead}}

An eight-screen movie theatre, originally operated by United Artists Theatres, opened on June 5, 1987, near the mall's food court. The Movies at Marley Station were later run by Regal Entertainment Group, which had acquired UA. On February 20, 2014, the theater closed its doors after nearly 27 years of service without notice.{{cite news|last=Yoon|first=Kate|title=Marley Station mall's movie theater closes|url=http://www.capitalgazette.com/maryland_gazette/news/community_news/marley-station-mall-s-movie-theater-closes/article_2b92d4e2-6935-5b56-9e4c-1b6586ee5afa.html|access-date=February 24, 2014|newspaper=Maryland Gazette|date=February 22, 2014|publisher=Baltimore Sun Media Group|location=Annapolis, Maryland|url-status=dead|archive-url=https://web.archive.org/web/20140403132328/http://www.capitalgazette.com/maryland_gazette/news/community_news/marley-station-mall-s-movie-theater-closes/article_2b92d4e2-6935-5b56-9e4c-1b6586ee5afa.html|archive-date=April 3, 2014}} Two months later mall management announced that the theatres would be renovated and reopened in summer 2014.{{cite news|last=Meehan|first=Sarah|title=Marley Station Mall movie theater to reopen this summer under new operator|url=http://www.bizjournals.com/baltimore/news/2014/04/15/movie-theater-at-marley-station-mall-to-reopen.html|access-date=April 16, 2014|newspaper=Baltimore Business Journal|date=April 15, 2014|publisher=American City Business Journals}}{{cite news|last=Yoon|first=Kate|title=Marley Station movie theater reopening this summer|url=http://www.capitalgazette.com/maryland_gazette/news/money/marley-station-movie-theater-reopening-this-summer/article_3371fb6c-21c8-580d-a67c-0293c6c247d5.html|access-date=April 16, 2014|newspaper=Maryland Gazette|date=April 15, 2014|publisher=Baltimore Sun Media Group|location=Annapolis, Maryland|url-status=dead|archive-url=https://web.archive.org/web/20140417040801/http://www.capitalgazette.com/maryland_gazette/news/money/marley-station-movie-theater-reopening-this-summer/article_3371fb6c-21c8-580d-a67c-0293c6c247d5.html|archive-date=April 17, 2014}} On June 20 Horizon Cinemas opened four theaters—with four more to follow later—featuring all new 3-D digital projectors, a new lobby with digital signage and upgraded concessions, updated bathrooms and roomier seating.{{cite news|last1=Bottalico|first1=Brandi|title=Marley Station Movies reopens with upgrades and new name|url=http://www.capitalgazette.com/search/cg2-arc-140623cn-horizon-cinemas-20140623,0,4609277.story|access-date=November 23, 2014|work=Maryland Gazette|date=June 23, 2014|publisher=Baltimore Sun Media Group|location=Annapolis, Maryland}}{{cite news|last1=Linger|first1=Jake|title=Horizon Cinemas Opens At Marley Station Mall|url=http://www.severnaparkvoice.com/community/horizon-cinemas-opens-marley-station-mall#.VHEzJMkhDAA|access-date=November 23, 2014|work=Severna Park Voice|date=July 8, 2014|location=Severna Park, Maryland}}

Moody's rates the mall's debt. As of the 2015 report, the mall had near term rollover risk and is advising investors to expect 70% losses on their investment.{{cite web|title=Moody's Affirms 15 and Upgrades One Class of BACM 2005-3|url=https://www.moodys.com/research/Moodys-Affirms-15-and-Upgrades-One-Class-of-BACM-2005--PR_319414|website=Moody's|publisher=Moody's Investors Service, Inc.|access-date=May 13, 2015|date=February 26, 2015}} As of the 2016 report, the mall{{cite web|url=https://www.moodys.com/research/Moodys-Affirms-Eight-and-Downgrades-Five-Classes-of-BACM-2005--PR_343429|title=Moody's Affirms Eight and Downgrades Five Classes of BACM 2005-3|work=Moodys.com}} was 29% of the remaining fund and all classes of debt were rated as below investment grade or in default. The mall's occupancy was reported as under 75%.

During the same period, the mall was appraised for $39.8 million of the original $114.4M loan—in total there was a $88.7M difference between the appraisal and the total amount due on the loan.{{cite web|title=Marley Station Mall Near Baltimore Gets Appraised at $39.8Mln|url=http://www.crenews.com/general_news/general/marley-station-mall-near-baltimore-gets-appraised-at-$398mln.html|website=Commercial RealEstate Direct}}

Aeropostale as part of its bankruptcy announced it would close its store at Marley Station Mall in 2016.{{cite web|title=2016 US Store Closings Maryland|url=http://retailindustry.about.com/od/storeclosingsandopenings/fl/Store-Closings-By-State-2016-All-Going-Out-of-Business-Sale-Locations_3.htm|website=About.com|publisher=About.com}}

In a February 2016 appraisal, the mall's appraised value dropped to $31.5M (-22.4%).{{cite web|last1=Lehman|first1=Roger|title=CMBS Market Watch Weekly|url=https://doc.research-and-analytics.csfb.com/docView?language=ENG&format=PDF&document_id=1060098011&source_id=emcsplus&serialid=HcwMAaGs4JNF0loNfEzcvNfqEGCzxaclASqwA4fwSz8%3D|website=CMBS Market Watch Weekly|publisher=Credit Suisse}}

In September 2016, Marley Station was listed for auction on the Ten-X website with a starting price of $5,000,000.{{cite web |title=7900 Ritchie Highway, Glen Burnie, MD 21061 |url=https://www.ten-x.com/commercial/details/7900-ritchie-highway-glen-burnie-md-21061-193050191-b_191/ |website=Ten X Auctions |archive-url=https://web.archive.org/web/20161008112432/https://www.ten-x.com/commercial/details/7900-ritchie-highway-glen-burnie-md-21061-193050191-b_191/ |archive-date=October 8, 2016}} The mall ownership rebuffed an earlier $10,000,000 offer by AiNET's Deepak Jain.{{cite news|last1=Smith|first1=Mark|title=Marley Station: Building Back Up, Looking Ahead|url=http://www.bizmonthly.com/marley-station-building-back-up-looking-ahead/|work=The Business Monthly|date=December 1, 2014|access-date=September 21, 2016|location=Ellicott City, Maryland}}

In an auction ended on October 19, 2016, Marley Station was sold by LNR Properties LLC to G.L. Harris for a price revealed after closing on December 20, 2016, to be $22.7 million. LNR Properties bought the property from TKL East in 2014. TKL East obtained it through foreclosure from original owner Simon Property Group. The mall's vacancy rate was reported in January 2017 to be just over 2%.{{cite news|last1=Davis|first1=Phil|title=Marley Station mall sold for around $21.5M|url=http://www.capitalgazette.com/news/business/ph-ac-cn-marley-station-sold-1119-20161118-story.html|access-date=March 15, 2017|work=Maryland Gazette|publisher=Baltimore Sun Media Group|location=Annapolis, Maryland|date=November 19, 2016}}{{cite news|last1=Mirabella|first1=Lorraine|title=Marley Station mall sold for $22.7 million|url=http://www.baltimoresun.com/business/bs-bz-marley-station-sold-20170117-story.html|access-date=March 15, 2017|work=The Baltimore Sun|date=January 17, 2017}}

Marley Station Mall went back to auction on September 14, 2020. The sale price was $1.65M plus at least $15M existing debt.{{cite news |last1=Iannetta |first1=Jessica |title=Marley Station Mall in Glen Burnie sells at auction |url=https://www.bizjournals.com/baltimore/news/2020/09/14/marley-station-mall-glen-burnie-sells-at-auction.html |access-date=September 18, 2020 |work=Baltimore Business Journal |date=September 14, 2020}}{{cite news |last1=Simmons |first1=Melody |title=Marley Station Mall in Glen Burnie heads to the auction block Sept. 14 |url=https://www.bizjournals.com/baltimore/news/2020/08/27/marley-station-mall-auction-foreclosed-glen-burnie.html |access-date=August 27, 2020 |work=Baltimore Business Journal |date=August 27, 2020}} The sale was halted in November 2020 by the Texas Bankruptcy Court.{{cite news |last1=Simmons |first1=Melody |title=Marley Station sale by Alex Cooper Auctioneers stalled by Texas bankruptcy filing |url=https://www.bizjournals.com/baltimore/news/2020/11/10/marley-station-foreclosure-auction-stalled-texas.html |access-date=December 8, 2020 |work=Baltimore Business Journal |date=November 10, 2020}}

On November 6, 2020, it was announced that Sears would be closing as part of a plan to close 7 stores nationwide which left JCPenney and Macy's as the only traditional anchors left.{{cite news |last1=Dehnel |first1=Chris |title=Liquidation Sale Commences At Doomed Manchester Sears |url=https://patch.com/connecticut/manchester/liquidation-sale-commences-doomed-manchester-sears |work=Manchester, CT Patch |date=November 13, 2020 |language=en}} The store closed on January 24, 2021.{{Citation needed|date=February 2021}}

On June 14, 2022, news broke that the mall has been sold to a New York-based partnership consisting of Mason Asset Management and Namdar Realty Group. Their plans involve an "aggressive leasing strategy" to improve current vacancy rates in the mall.{{cite news |last1=Mirabella |first1=Lorraine |title=Marley Station mall in Glen Burnie Sold to New York Partnership |url=https://www.baltimoresun.com/business/bs-bz-marley-station-mall-sale-20220614-5teqc6wbdrca5mfln3pi5kg3ba-story.html |access-date=June 15, 2022 |work=The Baltimore Sun |date=June 14, 2022}}

• JCPenney (since 1994)
• Macy's (Second Building, 2006–present)
• Gold's Gym
• Horizon Cinemas (since 2014)

• Hecht's (1987-2006)
• Macy's (First Building, 1987–2006), Boscov's (2006–2008)
• Sears (1996-2021)
• United Artists Theatres (1987–2014)

{{Reflist}}

• [https://m.youtube.com/watch?v=WZFOhp6ustA Dead Mall Series]
• [http://www.marleystation.com/ Marley Station Mall] web site
• [https://web.archive.org/web/20150214104208/http://www.woodmont.com/default.asp?contentid=36&rid=734 Property Detail Information] at The Woodmont Company web site

{{Shopping malls in Maryland}}

Category:Shopping malls established in 1987

Category:Shopping malls in Maryland

Category:Buildings and structures in Anne Arundel County, Maryland

Category:Glen Burnie, Maryland

Category:1987 establishments in Maryland

Category:Namdar Realty Group