BALTIMORE, MD—Federal Capital Partners hasacquired a 313,000-square foot industrial distribution facilityhere for $11.5 million. The building, located at 2209 SulphurSpring, is one mile from the I-95 and I-695 interchange just southof downtown Baltimore.

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The facility recently underwent a $4 million renovation thatincluded modernized dock areas, high efficiency lighting, a newroof, site asphalt and new security features. FCP plans to makeadditional infrastructure improvements. It has retainedCassidy Turley to lease the property.

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Cris Abramson and Brian Krugerof Cushman Wakefield represented the seller inthis transaction, which has not been named. Financing was providedby Eagle Bank.

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The facility stands out as one of the only existing largecontiguous blocks of industrial warehouse space in thesupply-constrained Baltimore market, according to FCP VicePresident Erik Weinberg.

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