SK REALTY BUYS TWO-STATE INDUSTRIAL PORTFOLIO

by admin

NEW YORK CITY — Cushman & Wakefield has arranged the sale of a four-building industrial portfolio, totaling 950,868 square feet, in Maryland and New Jersey. New York-based SK Realty Management purchased the properties, which were fully leased at the time of sale. The three Maryland industrial properties include 500 Hickory Dr., totaling 470,707 square feet in Aberdeen; the 205,030-square-foot 600 Hickory Dr. in Aberdeen; and the 93,761-square-foot 7616 Canton Center Drive in Baltimore. The New Jersey property is 100 Friars Blvd. in Thorofare and consists of 181,370 square feet. All four properties are used for warehouse/distribution purposes. The Cushman & Wakefield team of Gary Gabriel, Cristopher Abramson, Brian Kruger, Nicholas Signor, Paul Torosian and John Plower represented the seller, Prologis, and procured the buyer.

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