
Former Seed Facility Will Sprout into Luxury Multifamily with Retail in Baltimore
MacKenzie Commercial Real Estate Services, LLC, has brokered the $10-million sale of 600 South Caroline Street, a 50,000-square-foot warehouse building situated between the Harbor East and Fells Point sections of Baltimore, MD.
Baltimore, MD-based Chasen Companies acquired the property from Meyer Seed Company, a three-generation, family-run seed and garden supply operation dating back to the early 1900s that has owned the property since 1969. Mark Deering and Owen Rouse of MacKenzie represented the seller in the transaction
The new owner intends to redevelop the 1.19-acre site, combined with the adjoining parcel at 1400 Aliceanna Street, into a 272-unit luxury apartment project with 70,000 square feet of retail space
The site is in a section of Baltimore that has seen the development of six million square feet of commercial office, retail and restaurant space, 2,500 upscale housing units, nine hotels with 3,000 rooms, a marina and 9,000 parking spaces.
- ◦Sale/Acquisition
- ◦Development