Acer Exhibits and Events Buys 167,000 Sq. Ft. Warehouse in Havre de Grace
- Oct 07, 2013
Acer Exhibits and Events, LLC, a full service custom exhibits agency, has purchased the 167,270-square-foot facility at 1601 Clark Road in Havre de Grace and plans to turn it into its new headquarters. The Belcamp-based company acquired the warehouse from Michigan-based Becker Properties for $3 million, or about $17.94 per square foot.
Acer manufactures, sells and rents exhibit equipment for trade shows. It was founded in 2003, occupying only 14,000 square feet of space at first. The company has grown rapidly since opening and has expanded, now leasing 100,000 square feet at 4610 Mercedes Drive in Belcamp. But the current facility is unable to meet the growing company’s needs. As it continues its expansion, Acer acquired the warehouse in Havre de Grace and plans to move into the new facility in the second quarter of 2014.
“We are truly excited by the prospect of staying in the county and moving into a larger facility that will meet the needs for Acer and our clients for years to come. The long vacant building built in 1970 will need a major makeover but we are confident that the county and the city of Havre de Grace will be our partners in getting the operation up and running quickly. Additionally, the 25-acre campus provides Acer with plenty of expansion room should the need arise in the future,” Mark Crane, owner and president of Acer Exhibits, said in a statement for the press.
The new building will allow Acer to expand its manufacturing and client exhibit storage as well as provide ample room for their state of the art CNC and laser manufacturing equipment and workshop. CBRE vice presidents Ketch Secor and Alan Grace arranged the sale for ACER. Jon Green and Peter Dudley of KLNB represented Becker Properties.
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