October 2, 2018
Featured Properties
Industrial Space for Lease

16208 Hanover Pike
Hampstead. MD 21074

Office Space for Lease

10480 Little Patuxent Pkwy
Columbia, MD 21044

Sales
Industrial
7267 & 7270 Park Circle Dr, Hanover MD
7222 Parkway Dr. Hanover, MD
7100, 7115, 7121, 7150, 7170, & 700 Standard Drive*

SF: 711,450 
Price/SF: $71.68
Buyer: Rialto Holdings, LLC
Seller: RREEK Management, LLC

*Portfolio Sale of 9 properties

6320 Oakleaf Ave,
Baltimore, MD 21215



SF: 37,679
Price/SF: $39.81
Buyer: K & S Capital
Seller: Blue Ocean Realty
Office/Retail
7316 Wisconsin Ave
Bethesda, MD 20814

SF: 69,601
Price/SF: $510.05
Buyer: Saul Centers
Seller: Chevy Chase Land Company
1 Discovery Pl,
Silver Spring, MD 20910

SF: 490,062
Price/SF: $142.82
Buyer: Foulger-Pratt Companies
Seller: Discovery Communications Inc
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Signed Leases
Industrial
1321 Mercedes Drive Ste I-J,
Hanover, MD 21231*

SF: 4,950
Tenant: Alternative Clean Energy, LLC
Submarket: BW Corridor
8241 Sandy Court
Jessup, MD 20794**

SF: 51,882
Tenant: Chadwell Supply Maryland Inc.
Submarket: BW Corridor
Office/Retail
3154 Baltimore Blvd Ste Q,
Finksburg, MD 21048***

SF: 2,500
Tenant: The Rebar People
Submarket: Carroll County
6901Security Blvd,
Windsor Mill, MD 21244****

SF: 42,000
Tenant: North American Trade School
Submarket: Baltimore County
*Ned Brady and Michael Carmen of Lee & Associates represented the Tenant in this transaction
**Allan Riorda and Kate Jordan of Lee & Associates represented the Tenant in this transaction
***Dennis Boyle of Lee & Associates represented the Tenant in this transaction
****This transaction is a lease renewal
Vacancy and Absorption Rates
Industrial | PG County
Office | Carroll County
Total Space: 52,557,632
Vacant: 3,360,432
Vacancy: 6.4%
YTD Absorption: 306,117
Last 12 Months: 794,699
Total Space: 2,771,163
Vacant: 288,008
Vacancy: 10.4%
YTD Absorption: 25,878
Last 12 Months: -113,384
Commercial Real Estate News
Bill Harrison and Austin Eber of Lee & Associates, Chesapeake Region, LLC, Complete a 2,047 SF Office Lease in Prince George’s County, Maryland
@Prologis Launches Community Workforce Initiative to Address Logistics Labor Shortage http://bit.ly/2MRgM0y 

As Baltimore County Builds Density, Where Is The New Office Supply