Sneaker retailer Snipes puts another foot down at Alameda Marketplace

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National sneakers and apparel retailer Snipes has selected Alameda Marketplace, a 114,000-square-foot neighborhood shopping center in Baltimore, as the site for its next entry point into the greater Baltimore area.

The German-based company, which operates five locations in Baltimore and 10 others statewide, signed a lease with Tide Realty Capital at the center located at 5600 The Alameda and recently opened within 5,482 square feet of space. Three additional retailers also recently signed leases at Alameda Marketplace, elevating occupancy to 100%. Matt Copeland of KLNB Retail represented the landlord in the transactions.

Snipes sells an array of shoes and urban apparel. The company has fueled its expansion throughout the United States – it operates more than 300 stores nationwide – through the acquisition of sneaker chains Expressions, Jimmy Jazz and KicksUSA,

Located at the corner of The Alameda and Chinquapin Parkway, additional Alameda Marketplace anchor tenants include Shoppers Food Warehouse, Planet Fitness, a new Dollar Tree and 15 complimentary destination and service-oriented retailers. Nearly 500,000 people reside within a five-mile radius of the center, including nearly 220,000 households with an average household income approaching $84,000. More than 19,000 vehicles pass the site on a daily basis from The Alameda.

Baltimore-based Tide Realty Capital is a privately-owned real estate investment, management and advisory firm working throughout the mid-Atlantic and Midwest regions of the country.