NKF Capital Markets Sells Two Building Portfolio Along B-W Corridor for $13.2 Million

10/1/18

NKF Capital Markets today announced the sale of a two asset, industrial portfolio located in Columbia, Maryland along the Baltimore-Washington Corridor for $13.2 million.

The portfolio consists of two buildings located at 9179 and 9139-9159 Red Branch Road, totaling 125,159 square feet. Situated in the heart of Columbia, the portfolio offers direct access to Route 108, Route 29 and Route 100.

NKF Capital Markets Executive Managing Director Cris Abramson, Senior Managing Director Brian Kruger, Director Nicholas Signor and Associate Ben McCarty of the Maryland office facilitated the sale.

“The portfolio represented a rare opportunity to acquire 20 highly diversified tenants in uniquely small suites,” said Abramson. “With a staggered lease roll, tremendous historical occupancy and highly functional small-bay industrial construction, there was very strong interest in the portfolio.”

About NKF Capital Markets

NKF Capital Markets, operated by Newmark Group, Inc., is one of the world's leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, our 16,000 professionals operate from approximately 430 offices in established and emerging property markets on six continents.

We provide access to a wide range of services, including asset sales, sale leasebacks, mortgage and entity-level financing, equity raising, underwriting and due diligence. The transactions we broker involve vacant land, new real estate developments and existing buildings. We specialize in arranging financing for most types of value-added commercial real estate, including land, condominium conversions, subdivisions, office, retail, industrial, multifamily, student housing, hotels, data center, healthcare, self-storage and special use. For further information, visit www.ngkf.com/capitalmarkets.

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