Maryland

MARLBORO, MD. — Cushman & Wakefield has brokered the $14.5 million sale of 8520 Pepco Place, an industrial warehouse located in Marlboro, approximately 15 miles southeast of Washington, D.C. Jonathan Carpenter, Graham Savage, Dawes Milchling and James Check of Cushman & Wakefield represented the seller, TSI Corp., in the transaction. EQT Exeter was the buyer. TSI Corp. developed the facility in 2011. Totaling 75,000 square feet, the property features 25- to 26-foot clear heights, 120 parking spaces, five drive-in doors, two dock doors and a 125-foot building depth. The warehouse was fully leased to Harris Co., a national mechanical contractor, at the time of sale.

BALTIMORE — CBRE has negotiated the $140.5 million sale of Baltimore Crossroads, a six-building industrial portfolio totaling nearly 900,000 square feet in Baltimore’s East industrial submarket. EQT Exeter purchased the portfolio, which was 97 percent leased at the time of sale. Bo Cashman and Jonathan Beard of CBRE represented the undisclosed seller in the transaction. The assets within the Baltimore Crossroads portfolio are situated on nearly 200 acres along the I-95 corridor near the Port of Baltimore. Located at 1405, 1409 and 1411 Tangier Drive and 11501, 11503 and 11505 Pocomoke Court, the buildings range in size between 42,275 and 435,490 square feet.