Rare MD Industrial Asset Up for Sale

The seven-building portfolio is situated in Hanover, seven miles from BWI Marshall Airport, offering approximately 500,000 square feet of space in a heavily supply-constrained market.

Transwestern has been retained by an undisclosed seller to market Parkway Industrial, a 499,639-square-foot portfolio of flex/industrial space in Hanover, Md.

“Parkway Industrial offers investors a rare opportunity to buy a high-quality industrial portfolio in a gateway market that’s heavily supply constrained,” Mark Glagola, Transwestern’s senior managing director of its Mid-Atlantic capital markets group told, Commercial Property Executive“There are very few development opportunities in this area because of lack of available land.

The seven-building portfolio, which includes 7222 Parkway Drive; 7100, 7115, 7121 and 7150 Standard Drive; 7267 and 7270 Park Circle Drive, is situated seven miles from the Baltimore-Washington International Airport. It’s also in close proximity to Fort Meade, the headquarters of the National Security Agency (NSA), the U.S. Cyber Command and the Defense Information Systems Agency (DISA)…

Rare MD Industrial Asset Up for Sale


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