Rare MD Industrial Asset Up for Sale
ByTranswestern 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)…
