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Washington DC & Mid-Atlantic  + Industrial  |  March 8, 2020
David Cohen
By: David Cohen

Metro Baltimore Industrial Facility Trades for $16M

Lee & Associates Maryland has brokered the $15.5 million sale of The James A. Cassidy Building, a 123,000-square-foot warehouse and industrial facility in the Beltsville section of Prince George’s County, MD.

Constructed in 1983, the building is 100% leased to a tenant roster that includes Ambius, Cheney Flashings and Pella Mid-Atlantic. It features roadside visibility from US Route 1 and is within close proximity to MD Route 200 and Interstate 95. Additionally, the Baltimore-Washington International Airport is less than 20 miles away from the site. The structure features 24-foot ceiling heights and dock, and drive-in loading capabilities. The property is located at 12100 Baltimore Ave.

Steve Weiss and Tom Whelan of Lee & Associates represented the seller, K.C. Real Estate Holdings, in the transaction. The buyer was commercial real estate investment company Northbridge Partners.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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