Transwestern Brokers Maryland Industrial Portfolio Sale
- May 21, 2019
Following the sale of a 21-property, multistate industrial portfolio, Transwestern Commercial Services has secured the sale of Airport Square Portfolio, a 238,459-square-foot industrial portfolio consisting of four buildings located in Baltimore. JU Holdings of New York acquired the properties.
Located at 800, 900, 930 and 849 International Drive, adjacent of the Baltimore-Washington International Thurgood Marshall Airport, the properties are part of the Airport Square Park. The campus offers access to Maryland Route 295, Interstate 95, downtown Baltimore and is approximately 20 miles from downtown Washington, D.C. Additionally, a variety of dining and accommodations options are nearby.
The portfolio includes three one-story buildings and one four-story office building totaling more than 57,000 square feet. Built in 1986, the office property sits on a 220-acre corporate campus and includes various firms in the high technology, telecommunications and security-related industries. Airport Square is currently 85 percent leased, according to Transwestern.