Cushman & Wakefield Negotiates $56.6M Sale of Industrial Facility in Upper Marlboro, Maryland
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Stockbridge Buys Maryland Industrial Property for $57M
Stockbridge has acquired a 203,000-square-foot industrial property in Maryland for $56.6 million, almost four years after seller TA Realty bought the facility for about the same price. The San Francisco-based investment management firm purchased the Class A building at 8511 Pepco Place in Upper Marlboro, Md., according to Cushman & Wakefield, which represented the seller. […]
Cushman & Wakefield Negotiates $56.6M Sale of Industrial Facility in Upper Marlboro, Maryland
UPPER MARLBORO, MD. — Cushman & Wakefield has negotiated the $56.6 million sale of a 202,976-square-foot industrial facility located at 8511 Pepco Place in Upper Marlboro, a suburb of Washington, D.C., in Prince George’s County. Stockbridge acquired the property from TA Realty. Jonathan Carpenter, Graham Savage, Dawes Milchling and James Check of Cushman & Wakefield represented TA Realty in the transaction. The facility features a 190-foot truck…
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