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Mid Atlantic Port Services Acquires Industrial Warehouse in Maryland
MacKenzie Commercial Real Estate Services has brokered the sale of 6101 E. Lombard Street, a 30,253 square foot industrial warehouse building in Baltimore City, to Mid Atlantic Port Services for $5.7 million.
MacKenzie Senior Vice Presidents and Principals Daniel Hudak, SIOR, Andrew Meeder, SIOR, and Matthew Curran, SIOR, together with Real Estate Advisor Alton Curry represented the seller, Pastore’s, Inc. Oxford Realty Advisor Scott Manhoff represented the buyer in the transaction.
The building became available following the sale of Pastore’s, Inc., a family-owned Italian wholesale distributor, to Saval Foods, LLC. The new owner transferred all manufacturing and logistics operations from the building following the sale and selected MacKenzie to identify a buyer entity. Mid Atlantic Port Services intends to relocate its operations from a leased facility in the Fort Holabird Industrial Park.
“Competition for single-occupancy buildings in the Baltimore industrial market, with direct access to major transportation networks, remains strong, and the buyer aggressively pursued this opportunity,” said Hudak.
