$56M Refi for Baltimore Washington Logistics Center

Baltimore Washington Logistics Center, a two-building, Class A industrial complex totaling 1,013,728 square feet in Jessup, MD, received $56.325 million in refinancing. HFF worked on behalf of the borrower, a JV between AEW Capital Management, L.P. and Columbia-based Manekin, LLC, to secure the loan through Citizens Bank.

The facility is located at 7600 and 7540 Assateague Dr., in the heart of the Baltimore-Washington Corridor. This location delivers access to U.S. Route 1, U.S. Interstate 95 and the Baltimore Washington Parkway (Route 295), and is near BWI Thurgood Marshall Airport and the Port of Baltimore.

7600 Assateague Dr. (pictured) is a vacant warehouse/distribution building totaling 853,503 square feet, while 7540 Assateague Dr. is a 160,255-square-foot, refrigerated warehouse/distribution building that is fully leased to G Cefalu & Bro, a Mid-Atlantic food service distributor of produce and seafood.

HFF’s debt placement team representing the borrower included Daniel McIntyre, Fred Wittmann and Greg LaBine.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

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$56M Refi for Baltimore Washington Logistics Center

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About Dennis Kaiser