The Bigger (and Better Looking) Apple?

New York might think it owns high fashion, but we know its heart is really in Aberdeen.
That's why ProLogis just completed a 471K SF, 10-year renewal with Saks Fifth Avenue at the Hickory Ridge Distribution Center. The retailer has used the facility for its e-commerce business for nearly eight years, investing significant capital in the building to keep its distribution operation competitive.
Mid-Atlantic VP and 20-year industry veteran Mark Levy says the metro?s labor force and proximity to major markets made the deal a no-brainer for Saks, with negotiations lasting for six months. Mark is pictured here at Georgetown U, where he's an adjunct professor. He also renewed Best Buy for 221K SF earlier this year, proving he can lease to stores catering to all genders.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Baltimore Newsletters
Related Stories

HPP, Blackstone Nab Extension On $1.1B Loan Tied To 2.2M SF Hollywood Portfolio

Security Tech Firm Plans Loudoun HQ Move: The D.C. Deal Sheet

BMO Executive Named New CEO At CREFC

Traders Bet On A Rate Hike From The Fed After Inflation Report Climbs Higher

25 Years After 9/11, Lower Manhattan Is Finally Firing On All Cylinders

Tishman Speyer Seeks $92M Tax Break For Next Hudson Yards Office Tower

Former CBRE Exec Suing Brokerage Giant Over Age Discrimination, Whistleblower Complaint

Limekiln Sells Stake In Multifamily Lender MF1 To Berkshire Residential

D.C. Investor Behind The Stacks Swaps CEO For First Time In 25 Years

Stephen Curry Sells Planned HQ Site Near Warriors' Arena

Data Center Demand Has Made IOS An Institutional Capital Playground

SL Green Selling SoHo Building For $226M