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Washington DC & Mid-Atlantic  + Baltimore  + Industrial  | 

Stag Industrial Secures 1M-SF Industrial Lease in Maryland

Boston-based real estate investment trust Stag Industrial has secured a 1 million-square-foot industrial lease with a book publisher at 630 Hanover Pike in Hampstead, MD.

The lease will last for five-and-a-half years and was effective Aug. 1. Additionally, the lease includes three months of free rent and 3% annual rent escalations. The industrial property is approximately 30 miles north of Baltimore.

Stag’s portfolio consisted of 457 buildings in 38 states with approximately 91.8 million rentable square feet as of June 30.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

  • ◦Lease