ELKRIDGE, MD—DCT Industrial Trust, a Denver,CO-based REIT has acquired, a 120,186-square foot industrialfacility here for $12.5 million. The seller isFinmarc Management, a Bethesda, MD-based companythat has bought and sold a number of properties over the past twoyears.
The building is presently 100% leased by SavalFoodservice, a wholesale food distribution company, whichis using the site for its headquarters and primarywarehouse/distribution operations.
Jonathan Carpenter of CassidyTurley represented the seller in this transaction.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
