BALTIMORE, MD—A new spec industrial building is going up in theAberdeen section of Hartford County here: Chesapeake RealEstate Group and USAA Real Estate Co. arebuilding a 571,000-square foot warehouse distributionfacility that will be located at 610 Chelsea Rd. It isexpected to deliver in summer 2015.

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Bill Pellington, Toby Mink and JonCasella of CBRE represented the buyers inthis land sales transaction. In addition, their team will lease thecomplex, which will be called the Perryman Logistics Center. Theland was formerly owned by FO Mitchell Bro.

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The industrial building will feature 36 foot clear ceilingheights, 175 rear loading docks and two drive-in docks, a 130-foottruck court and an adjacent surface parking area. The project isless than four miles from US Route 40, eight miles from Interstate95 and approximately 30 miles from the Port of Baltimore.

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Perryman Logistics Center is being designed with large-scalewarehouse, distribution and logistics operations in mind. It canalso be sub-divided.

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Strong and sustained market fundamentals and the enormousappetite in the e-commerce sector are the reasons why the companydecided to move forward without preleases in place, according toJim Lighthizer, founder and owner of ChesapeakeReal Estate Group. “The e-commerce industry is growing at the rateof 15 to 20% annually, and we are aware of numerous manufacturingand distribution companies that are searching for fulfillmentcenters close to significant population markets such as Baltimore,"he says in a prepared statement.

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"We are seizing this opportunity to leverage short-term andlong-term market conditions.”

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Chesapeake Real Estate Group has more than two million squarefeet of industrial projects planned in the Mid-Atlantic region.Other projects include the Landover Logistics Center, Steeplechase@95 International Business Park, 8235 Patuxent Range Rd and 1200East Patapsco Ave.

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