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Bridge33 Capital Acquires Crosspoint Shopping Center in Hagerstown, Maryland

Drone photo of crosspoint shopping center

Hagerstown, MD - Bridge33 Capital is excited to announce the successful acquisition of Crosspoint Shopping Center, a 170,000+ square-foot power center, located in Hagerstown, Maryland.

Hagerstown, MD - January 29th, 2026 - Bridge33 Capital is excited to announce the successful acquisition of Crosspoint Shopping Center, a 170,000+ square-foot power center, located in Hagerstown, Maryland. This acquisition marks a significant addition to Bridge33 Capital’s growing portfolio of retail properties in high-demand markets.

Crosspoint Shopping Center serves as a leading retail destination in Hagerstown, featuring a strong lineup of national and regional co-anchors that consistently attract a diverse consumer base. The shopping center features major co-anchors including Ross, Michaels, DSW, Petco, Kohl’s, Target (shadow anchor), and Old Navy. This highly complementary tenant mix positions Crosspoint Shopping Center

as a vital hub for shopping in the region, offering excellent visibility and access along a bustling commercial corridor.

It is an exciting time for Bridge33 Capital as we reinforce our strategy to secure premier super-regional retail destinations in markets with outsized shopper capture radii,” said Derrick Almassy, Senior Director of Investments at Bridge33 Capital.

“As retail dynamics evolve, the center’s prime location and established tenants offer exceptional leasing opportunities in a market where we’re actively investing and growing, highlighted by our nearby 2024 acquisition.”

With the acquisition of the Crosspoint Shopping Center, Bridge33 Capital strengthens its presence in Maryland, marking its third property acquisition in the state.

About Bridge33 Capital LLC

Bridge33 Capital LLC is a vertically integrated real estate company focused on open-air retail centers. Since 2013, Bridge33 has acquired ~17 million SF of commercial real estate across 26 states and currently operates ~$2.5 billion of assets under management. For more information, please visit www.bridge33capital.com.

Press Release