Newmark arranged the $203 million off-market sale of a nearly 1.4 million-square-foot micro-bay industrial portfolio spanning the Mid-Atlantic region to Silverman Group.

The highly diversified portfolio includes approximately 50 individual buildings and 600 tenants located across Maryland and Northern Virginia. Managing Director Ben McCarty, Executive Managing Director Cris Abramson and Managing Director Nicholas Signor arranged the transaction on behalf of an unnamed group of private sellers. Senior Financial Analyst Henry Pleszkoch and Financial Analyst Sam Slater also supported the transaction.

The portfolio encompasses properties in Capitol Heights, Glen Burnie, Hyattsville, Laurel, Forestville, Rockville, Gaithersburg, Frederick, Beltsville, Greenbelt and Upper Marlboro, Maryland, as well as Fairfax, Manassas and Chantilly, Virginia. Collectively, the assets serve a broad tenant base focused on local and regional distribution, light industrial, service-oriented and last-mile logistics uses.

“This transaction highlights the growing depth of investor demand for well-located small-bay industrial assets, particularly in dense infill markets where replacement cost makes new construction cost-prohibitive,” said McCarty.

Don’t miss Carter Andrus, Chief Operating Officer of Prologis, as the keynote interview at Connect Industrial Midwest— taking place Tuesday afternoon, March 10, 2026, at Joe’s Live in Rosemont, IL.