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Dundalk Industrial Storage Space Sold
Marcus & Millichap has announced the sale of 8230 Bletzer Rd., a 5.2-acre industrial outdoor storage property in Dundalk, Md., for $2.625 million.
The transaction was facilitated by investment specialists Bryan Herr, Robert Filley, and Arvin Gholamrezae, representing the seller, Fraley and Schilling, while Catalyst Investment Partners, represented by Mackenzie, acted as the buyer.
Currently leased to PLM Trailer Leasing of New Jersey, a cold storage trailer leasing company in the U.S. “This site is in a very strong submarket of Baltimore where we are seeing intense demand from owner/user groups and investors alike due to its proximity to the Port of Baltimore, Trade Point Atlantic and I-695,” said Herr.