Goldman Sachs Acquires Four Industrial Buildings Totaling 650,000 Square Feet for $66.7 Million

BALTIMORE – Cushman & Wakefield announced that it has closed the sale of the industrial portfolio on behalf of Exeter Property Group. The buildings, 96% leased at the time of the sale, include:

  • 7587 Montevideo Road, Jessup, MD
  • 7591 Montevideo Road, Jessup, MD
  • 7595 Montevideo Road, Jessup, MD
  • 7100 Old Landover Road, Landover, MD

“This represents the second largest industrial portfolio transaction we have arranged in the past week. Investor demand for infill last-mile warehouse in the Baltimore/Washington, DC region remains white hot,” said Jonathan Carpenter, Executive Managing Director at Cushman & Wakefield. “These properties are strategically located in the market to service the growing consumer populations of Baltimore and Washington, DC.”

Graham Savage, Director, also represented the client. Both he and Jon Carpenter reside in the Baltimore office of Cushman & Wakefield.

Jonathan Carpenter
+1 410 347 7543