Wallace H. Campbell, 93, real estate property manager

June 28, 2005|By Jacques Kelly | Jacques Kelly,SUN STAFF

Wallace H. Campbell, a retired real estate property manager who leased shopping centers and oversaw apartment buildings, died of cancer Sunday at Gilchrist Center for Hospice Care. The Ruxton resident was 93.

Born in Baltimore and raised on Arunah Avenue, he graduated in 1930 from City College, where he was on the swimming team and set several aquatic records.

He worked as a bank runner for the old Baltimore Trust Co., delivering checks to other financial institutions, before earning a degree in business administration from the former Baltimore College of Commerce in 1937.

In 1938, he opened, leased and managed the Northwood Apartments, built by the Roland Park Co., on Loch Raven Boulevard. He lived in the complex for many years.

He assisted the Roland Park Co. owners in founding Maryland Management Co., a property management business where he was vice president until founding Wallace H. Campbell & Co. Inc. in 1952.

His earlier projects included the leasing of the Northwood and Stewart's York Road shopping centers.

In the mid-1950s, he moved his office to 10 Light St. - the former Maryland National Bank Building, which was one of his original management accounts. He also leased numerous apartment houses and managed condominiums.

"He was often sought after for his advice as one of the most respected real estate entrepreneurs of his time," said his son, R. Bruce Campbell of Baltimore. "He always found time to listen to other people's problems and always had an open door to his office."

Mr. Campbell received the Certified Property Manager designation in 1953 from the Institute of Real Estate Management and was also awarded the Counselor of Real Estate designation from the American Society of Real Estate Counselors in 1973.

He taught courses on real estate management and investment for the Institute of Real Estate Management across the country and at the Johns Hopkins University's former evening school, McCoy College.

He was a former board member of Blue Shield of Maryland, a founding member of the Center Club in Baltimore and Dunes Club in Ocean City, and a member of the Johns Hopkins Club.

His wife of 50 years, the former Elfrieda "Fritzi" Siebert, died in 1986. He later married Mary Radwell, and a year after her death in 1993 married Ann Cole, who survives him.

A memorial service will be held at 10 a.m. Thursday at Episcopal Church of the Redeemer, 5603 N. Charles St.

In addition to his wife and son, survivors include a sister, Elizabeth Grant of Catonsville; two grandchildren; and three great-grandchildren.

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