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In December, Shenandoah University came into the dough, as it received a $1.3 million unrestricted gift of commercial real property in Martinsburg from Schmidt Baking Company Inc. of Baltimore.
Schmidt Baking, gave the university five parcels, consisting of a former commercial baking operation and a retail store at 511 Cumberland Place in Martinsburg. The university agreed to lease a portion of the property in Martinsburg back to Schmidt Baking for three...