BALTIMORE, MD-Another day, another industrial portfolio trade in the Mid-Atlantic. The asset class, it seems, has gone into overdrive in recent weeks, with a trade or transaction occurring on a regular basis. In this case, MIM-Hayden Real Estate Funds has acquired a three-asset industrial asset in the BWI Corridor in Maryland. Jonathan Beard and Bo Cashman of CBRE's Baltimore Investment Properties team and John Boote of CBRE Brokerage and Industrial Services represented the seller.

Based in Conshohocken, PA, MIM-Hayden is working on its first fund, MIM-Hayden Real Estate Fund I, which acquires and repositions office, industrial, and mixed-use properties in the Mid-Atlantic region.

The three buildings it acquired are located at 8210 Wellmoor Ct. in Jessup, 4615 Hollins Ferry Rd. in Halethorpe, and 9325 Snowden River Pkwy in Columbia.

The portfolio is currently 95% leased and totals 705,379 square feet.

The transaction demonstrates the continued strength of the Mid-Atlantic industrial market, Beard says in a prepared statement. "With demand for these properties far exceeding supply, we expect this trend to continue for the remainder of 2013 and into 2014." Another recent transaction occurred in Chantilly, VA, in which four industrial buildings traded for $10.9 million. The buildings were put on the market by Dulles South Partners, a partnership managed by Washington Properties and then sold in quick succession to four separate buyers.