Contact Us
News

INCOMING INDUSTRIAL INSANITY

Baltimore

Want to get a jump-start on upcoming deals? Meet the major Baltimore players at one of our upcoming events!

INCOMING INDUSTRIAL INSANITY I n d u s t r i a l I n c o m e s T r u s t p u r c h a s e d t h e 8 2 4 k S F w a r e h o u s e a t 1 6 5 0 0 H u n t e r s G r e e n P k w y i n H a g e r s t o w n ( 1 0 0 % l e a s e d t o H o m e D e p o t ) f r o m N e w B o s t o n F u n d . I n d u s t r y s o u r c e s t e l l u s i t w e n t f o r $ 4 1 M , a n d C B R E s e l l e r b r o k e r B o C a s h m a n s a y s t h e d e a l t o o k a r o u n d f o u r m o n t h s t o c o m p l e t e . H e a l s o s a y s M a r y l a n d t y p i c a l l y s e e s $ 5 0 0 M i n i n d u s t r i a l s a l e s a n n u a l l y b u t t h a t i t o n l y r e g i s t e r e d $ 5 4 M i n 2 0 0 9 , r i s i n g t o $ 2 0 0 M i n 2 0 1 0 . H e t h i n k s ? w e ? r e n o t t h e r e y e t ? b u t p r e d i c t s c o n t i n u e d i m p r o v e m e n t t h a n k s t o c a p i t a l c o m i n g o f f t h e s i d e l i n e . O n e p o t e n t i a l s o u r c e : t h e i n d u s t r i a l j u g g e r n a u t c r e a t e d b y t h e m e r g e r o f g i a n t i n d u s t r i a l l a n d l o r d s P r o L o g i s a n d A M B P r o p e r t y . T h e c o m b o o w n s o r m a n a g e s $ 4 6 B a n d 6 0 0 M S F i n a s s e t s w o r l d w i d e .