REBusinessOnline

HANOVER WAREHOUSE SOLD TO COLUMBIA COMPANY FOR $18 MILLION

HANOVER, MD. — Columbia, Md.-based Rhee Bros. has purchased the 215,066-square-foot Lincoln Crossroads II, located at 7461 Coca Cola Dr. in Hanover, from Crossroads Venture for $18 million. The 30-foot clear, 50-dock facility will serve as Rhee’s headquarters and center of distribution. Scott Skogmo of Columbia, Md.-based Sperry Van Ness/Skogmo Commercial represented the buyer, and Dallas-based Lincoln Property Co.’s Merrill Turnbull represented the seller.

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