Adams-Aumiller Sweetens Portfolio with $6M Buy of Sugarloaf Business Center
Edge has brokered the $6.2-million sale of the Sugarloaf Business Center, a two-building asset containing nearly 62,000 square feet of flex/industrial space in Ijamsville, MD. The buildings are 97% leased and occupied.
Joe Friedma and Joshua Norwitz of Edge represented the seller, RDV Investments, LLC, and procured the buyer, Adams-Aumiller Properties.
The buildings on Doctor Perry Road are minutes away from I-270, south of Frederick and Urbana and approximately 40 miles from DC and 60 miles from Baltimore. The assets are equipped with 14-foot ceiling heights and dock and on-grade loading docks, feature average bay sizes of approximately 2,000 square feet of space and include a free surface parking lot that surrounds the buildings.
Space is currently configured in a 65% warehouse to 35% office mix to suit the needs of the current tenants which include Amentum, a federal government contracting company, engineering services firm Silver Palm Technologies and Wow Your Closet.
Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group.
When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.