Investing Locally, Developing Thoughtfully

About Vanguard

Exploring Opportunities in Development, Business & Investment

Since 1987, Vanguard has been at the forefront of retail real estate development in the Mid-Atlantic region, creating, building and managing its portfolio of successful projects with national and local tenants. Vanguard offers national and local clients a full range of retail development services and as well as acquisition and joint venture opportunities.

Our Expertise


The Vanguard team has applied a strong vision and solid integrity to create more than 40 retail and multi-use development sites over the past 25 years.

We offer a full range of in-house expertise, including but not limited to

  • Market Analysis and Understanding
  • Land Assembly
  • Environmental Evaluation
  • Site and Building Design
  • Budget Pro Formas
  • Entitlements and Approvals
  • Financing
  • Construction
  • Leasing


The team at Vanguard is actively seeking acquisitions and investment opportunities related to the purchase of retail properties throughout the mid-Atlantic region.

Opportunities include but are not limited to Raw land; Pad sites; Grocery-anchored centers; Other retail sites with value-add potential.

Joint Ventures

A proven 25-year track record of successful retail development – from assessing opportunities and creating strategic plans, to securing regulatory approval and community support. 

We create projects which generate solid financial returns and lasting value, while also fostering community growth and bringing strong regional and national relationships to the table.

Our Values

Through our values, Vanguard demonstrates that development can be community-focused, committed to the environment, passionate about revitalization, based on innovative visions and cultivated by good stewards.


Commitment to the Environment

Development does not have to be in direct opposition to environmental care. Using the latest technologies and best practices, Vanguard creates developments that work in tandem with, not against, the surrounding environment.

Foundry Row

Passion for Revitalization

Vanguard understands that the needs of communities change as time goes on, and our development team anticipates these changing needs and revitalizes properties to become functional community hubs while respecting the history of the original site.


Focus on Community

The hallmark of a successful development project is the ability of the project to fill a need within the community. Before breaking ground on any project, Vanguard ensures the project will benefit and serve the community above all else.

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Innovative Vision

No two projects are the same, which is why Vanguard creates innovative solutions to unique community concerns in order to develop properties that are specifically tailored to the surroundings in which they exist.   


Good Stewardship

When Vanguard takes ownership of a project, they become the steward of the land. We take this responsibility very seriously and are dedicated to developing land in a way that leaves it with more utility and functionality than before while maintaining its community integrity.

Our Leadership


Bradley S. Glaser, Principal

Brad has 35 years of experience developing real estate in the Maryland-Virginia-Delaware region. As co-founder of Vanguard, Brad serves as Chief Operating Officer and Chief Financial Officer.

He has overseen the development and construction of more than 40 projects totaling nearly 2,000,000 square feet and a value of $350 million.

Before co-founding Vanguard, Brad worked for the Baltimore-based real estate brokerage firm Casey, Miller, Borris and Burns, where he focused on investment sales and met his current business partner, Len Weinberg.

A Baltimore native, Brad attended Boys’ Latin School and holds a Bachelor of Arts degree from the University of Pennsylvania and a Master of Business Administration in Finance from the University of Chicago. He is a Member of the International Council of Shopping Centers.

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Leonard Weinberg II, Principal

Len brings more than 30 years of experience to real estate development. Since co-founding Vanguard in 1987, his focus on business development, market analysis and tenant relations have led to the successful completion of more than 40 retail projects.

Prior to co-founding Vanguard, he was with Casey, Miller, Borris and Burns, a Baltimore-based real estate brokerage firm.  It was here that Len was first introduced to market research, leasing and sales, as well as his current business partner, Brad Glaser.

A long-time Baltimore resident, Len graduated from The Park School and holds a Bachelor of Arts degree from Kenyon College in Gambier, Ohio. Len is a former member of the Board of Trustees of The Park School, where he has served as Chair of Development for a decade. He is also a member of the Board of Trustees for the Jewish Museum of Maryland and is Co-Chair of the Facilities Committee that is overseeing the museum’s upcoming expansion.

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Recognition for Our Work


2016 Award For Excellence in Design

"This project demonstrates that architects can bring older buildings back from the dead without sacrificing creativity. The broad range of sustainable concepts such as the re-use of salvaged materials, blended with the honest application of new elements such as steels plate walls allow this project to bridge the gap between old and new that advocates a critical position and serves to demonstrate what a forward re-thinking of adaption can mean.


2016 Historic Preservation Award

Restoring and Maintaining Baltimore's Historic Places through Adaptive Reuse & Compatible Design

"A well-deserved award" for "an outstanding example of historic preservation in Baltimore City."

In recognition of 1401 Fleet Street/605 South Eden Street


Keep up to date on recent news and media coverage about Vanguard and its developments, ventures and acquisitions.

Developing a Destination Property in Frederick

What started as a bank tucked away on a secondary road is soon to become a medical marijuana dispensary in Frederick, MD, managed and redeveloped by Vanguard. While the building is currently vacant, the bones of the property offer great potential which can be easily accommodated to suit a business such as a medical dispensary.…

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Vanguard to Appeal the Board of Appeal’s Decision Regarding Bare Hills Development Plan

Vanguard is disappointed in the Board of Appeal’s denial of the Development Plans for a sustainable, community-centric concept in Bare Hills. Vanguard has filed an appeal of the Board of Appeal’s decision and is seeking judicial review at the Circuit Court for Baltimore County. Vanguard is committed to bringing a vibrant renewal to the property…

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Innovative Grocery Solutions at German Hill Shopping Center

The German Hill Shopping Center in Dundalk, Maryland, which is owned by Vanguard, is anchored by Giant Food of Maryland. Recently, Giant has launched an innovative new program called “Click & Collect.” This program allows shoppers to order their groceries online, drive to Giant, park in one of several designated “Click & Collect” parking spaces…

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Foundry Row- Revitalizing a Manufacturing Plant into a New 400,000 SF Destination

Foundry Row, Reisterstown Rd and Painters Mills Rd Owings Mills, Maryland When the iconic, 52-acre Solo Cup manufacturing plant was closed and put on the market, Vanguard knew that this was one of the best properties to redevelop in all of Baltimore County and believed it should be the new gateway for the Owings Mills…

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Successfully Assembling 24 Properties with 19 Owners

Giant Food Store, 33rd Street and Gorsuch Avenue Waverly, Maryland When a 21,000-square-foot site with an A&P Food store and bowling alley was being marketed for sale in Waverly, Md., Vanguard quickly saw the site’s potential and presented it to decision-makers at Giant Food. The grocer expressed interest in the site with the caveat that…

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Revitalizing a Store and a Community

Giant Food Store, Old Court Road Pikesville, Maryland When Giant Food wanted to dramatically expand and modernize its aging 1968-era location in Pikesville, Md., the company called on Vanguard to devise a strategy. Leveraging its strong relationship with Giant, Vanguard first drew up a favorable financing deal. In doing this, Vanguard then moved quickly and…

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Creating Lasting Value from Small Projects

CANTON ROW, 2900 O’Donnell Square Baltimore, Maryland Vanguard believes it’s not the size of the deal that matters as much as its economic viability. In fact, some of its smaller projects have provided the best returns along with other added benefits, such as reduced risk in the development process and an easier time gaining permits…

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Baltimore County Board of Appeals Affirms Approval of Site Development Plan for Foundry Row

Wegmans-Anchored Project Moves Toward Construction. Greenberg Gibbons  and Vanguard announced today that the Baltimore County Board of Appeals upheld the Administrative Law Judge’s decision to approve the site development plan for Foundry Row, a $140 million, 50-acre development in Owings Mills. In reaching this decision, the Board also rejected all of the neighboring developers’ opposition claims.With…

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Development Plan for $140 Million Foundry Row Project Officially Approved

Greenberg Gibbons and Vanguard announced today that the development plan for Foundry Row, a $140 million, 50-acre development on Reisterstown Road in Owings Mills, was officially approved by the Baltimore County Office of Administrative Hearings. Anchored by a Wegmans grocery store, Foundry Row will feature 365,000 square feet of retail space and include a national…

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Developers of Solo Cup Announce Wegmans as Lead Anchor

New Project to be Named “Foundry Row at Owings Mills” Greenberg Gibbons and Vanguard Equities are proposing a vibrant redevelopment for the vacant, 52-acre Solo Cup plant in Owings Mills, Md. The site would become “Foundry Row at Owings Mills,” an upscale retail destination and community gathering place. Premier supermarket chain Wegmans has executed a…

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