Annapolis Retail Center Sells for First Time in 50 Years

The Woodbridge Center was owned by the same local family since its construction in 1976.

Apr. 3, 2026 at 5:19pm

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A highly polished, minimalist studio photograph featuring a glass display case filled with miniature models of various commercial buildings, representing the abstract concepts of real estate investment and the changing landscape of local commerce.The sale of a long-standing family-owned retail center in Annapolis reflects the shifting dynamics of local real estate and the challenges faced by independent businesses.Bethesda Today

The Woodbridge Center, a 31,000-square-foot retail and office complex in Annapolis, Maryland, has been sold for $5.45 million. The property was owned by the same local family for the past 50 years since its construction in 1976, but has now been acquired by an entity of Bethesda-based Resolution Capitol Management.

Why it matters

The sale of the Woodbridge Center marks the end of an era for Annapolis, as a long-standing family-owned commercial property has changed hands for the first time in half a century. This transaction highlights the ongoing shifts in the local real estate landscape, as established businesses and properties transition to new ownership.

The details

The Woodbridge Center, located at 2444 Solomons Island Road in Annapolis, is a two-story complex that is currently 96% leased with 21 tenants, including retailers like Golfdom, Sandy Pony Donuts, and Basmati Indian Cuisine, as well as office tenants such as Great Eastern Contracting and Align Yoga Studio. The property was sold by Chester Station Joint Venture, which was tied to the local family that had owned the center since its construction in 1976.

  • The Woodbridge Center was constructed in 1976.
  • The property was owned by the same local family for the past 50 years.
  • The Woodbridge Center was sold on April 3, 2026.

The players

Resolution Capitol Management

A Bethesda-based real estate investment firm that acquired the Woodbridge Center.

Chester Station Joint Venture

The seller of the Woodbridge Center, which was tied to the local family that had owned the property since 1976.

Hyatt Commercial

The real estate brokerage firm that facilitated the off-market sale of the Woodbridge Center.

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What’s next

The new owners, Resolution Capitol Management, will likely evaluate opportunities to modernize and potentially expand the Woodbridge Center to attract new tenants and maximize the property's value.

The takeaway

The sale of the Woodbridge Center highlights the ongoing evolution of Annapolis' commercial real estate landscape, as long-standing family-owned properties transition to new ownership. This transaction serves as a reminder of the changing dynamics in the local market and the need for established businesses to adapt to shifting market conditions.