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Cushman & Wakefield Arranges $8.25 Million Sale of 7495 Race Rd, Hanover, MD
25 Jun, 2012, Baltimore
Cushman & Wakefield has arranged the sale of 7495 Race Road, a 125,000 square foot industrial property on 14.05 acres in Hanover, Maryland. The property was acquired by Exeter Property Group of Plymouth Meeting, Pennsylvania for $8.25 million.
The Cushman & Wakefield team was led by Cristopher Abramson, Brian Kruger and Nicholas Signor of the Capital Markets Group, along with the Industrial Services team of Michael Elardo, SIOR and Jared Ross. Cushman & Wakefield arranged the sale on behalf of the undisclosed seller. At the time of sale, the building was 100% vacant.
7495 Race Road was built in 2008. Located immediately off of 295 in Hanover, the property offers easy access to Route 100, I-95, Arundel Mills Mall and the BWI Marshall Airport.
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