What Do You Do With $30M and An Empty Warehouse? The former Giant Foods distribution warehouse in Jessup is about to get a makeover. Manekin LLC and AEW Capital Management hope to bring in as many as eight tenants to fill more than 1M SF of industrial space. The new owners will spend $30M to […]
Mosaic Realty Sells Industrial Property at 7600 Assateague Drive BWLC JESSUP, MD—The former Giant Food warehouse in Jessup sold for 37 percent more than what the massive property traded for in 2013. The joint venture of Columbia-based Manekin LLC and Boston-based AEW Capital Management acquired the 730,000-square-foot complex last week for $45.25 million, according to […]
Manekin, joint venture partner paid $45.25M for former Giant warehouse The former Giant Food warehouse in Jessup sold for 37 percent more than what the massive property traded for in 2013. The joint venture of Columbia-based Manekin LLC and Boston-based AEW Capital Management acquired the 730,000-square-foot complex last week for $45.25 million, according to state […]
Mosaic Realty Enters Virginia With Retail Deal Brafferton Center STAFFORD, VA—An affiliate of Mosaic Realty Partners has acquired Brafferton Center here, a 95,000-square foot neighborhood shopping center for $22.3 million. Finmarc Management, based in Bethesda, MD, sold the property, which is currently 98% occupied, together with its owner partner Angelo Gordon of Kodiak Properties, LLC. […]
Finmarc Management, Inc. Sells 95,000 Square Foot Brafferton Center In Stafford, VA For $22.3 Million Neighborhood shopping center, anchored by Sport & Health, is 98% occupied Bethesda, MD (August 22, 2014) – Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, in partnership with Angelo Gordon of Kodiak Properties, LLC, has announced the sale […]
Maryland’s Largest Vacant Warehouse Sells New local investor Mosaic Realty Partners has teamed with New York Life to buy the 775k SF 7600 Assateague Dr in the B/W Corridor. So where did these Mosaic guys come from? Isaac Pretter (snapped yesterday in his Baltimore office) and co-founder Eron Sodie (below in his Bethesda digs), each […]
Former Giant warehouse in Jessup sold to joint venture pin up A former Giant Food distribution center, said to be the largest unoccupied warehouse in Maryland, has been sold to new owners. The 775,000-square-foot property, 7600 Assateague Drive in the Maryland Wholesale Food Center in Jessup, close to Interstate 95, was sold by Cushman & […]
Giant’s former Jessup warehouse, one of Maryland’s largest unoccupied industrial buildings, sells pin up A former Giant grocery store warehouse in Jessup, billed as the largest unoccupied industrial space in Maryland, has been sold to a joint venture between Baltimore-based Mosaic Realty Partners and New York Life Insurance Co. The sale price was not disclosed […]
BBJ reporter Kevin Litten’s ‘Deal of the Week’ pin up Cushman & Wakefield has sold the largest vacant warehouse in the state, a 775,000-square-foot building in Jessup that was once a distribution center for the Giant Food Inc. grocery chain. The purchase was a joint venture between Mosaic Realty Partners and New York Life Insurance […]
Cushman & Wakefield Sells Distribution Center In Jessup To New York Life/Mosaic Realty Partners pin up New owners acquire 775,000 square feet on 60 acres in Baltimore-Washington Corridor at 7600 Assateague Drive BALTIMORE, MD – April 29, 2013– Cushman & Wakefield announced today it has sold 7600 Assateague Drive in the Maryland Wholesale Food Center […]