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Marcus & Millichap Brokers Sale of $10M Baltimore Industrial Property
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Marcus & Millichap brokered the sale of 6901 Rolling Mill Road, a single-tenant manufacturing facility in Baltimore. The asset sold for $9.96 million.

“The property is leased to a subsidiary of a publicly traded company that has operated at the site for more than two decades,” said Merrey, senior managing director of investments in Marcus & Millichap’s Washington, D.C., office. “The property’s specialized features and long operating history made it particularly well suited to the tenant’s business.”

Merrey and John Faus of Marcus & Millichap exclusively marketed the property on behalf of the seller, a Maryland-based private investment company, and procured the buyer, a New York-based, institutionally backed investment fund.

The property at 6901 Rolling Mill Road is a 75,000-square-foot manufacturing facility situated on 6.44 acres. Built in 1967, the building has a 69,170-square-foot warehouse, a 6,730-square-foot office space, and outdoor storage. The property has been occupied by Dejana Truck and Utility Equipment for 21 years.

The post Marcus & Millichap Brokers Sale of $10M Baltimore Industrial Property appeared first on Connect CRE.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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