A 40-property industrial portfolio in the Baltimore and Washington, D.C. area has changed hands for a whopping $347.2 million. Baltimore-based FRP Development Corp. sold the industrial warehouse properties and three adjacent land parcels to Blackstone Real Estate Partners in late May. Another warehouse property in the portfolio was sold to its current tenants for $11.7 million. The sale was an ongoing example of the red-hot industrial market in the state and mid-Atlantic region where Interstate…
from https://www.bizjournals.com/baltimore/news/2018/06/29/industrial-portfolio-in-thebaltimore-dc-area-sells.html?ana=RSS&s=article_search
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