Thank you for sharing!

Your article was successfully shared with the contacts you provided.
A rendering of the speculative office building at 7951 Oceano Ave. in Jessup, MD. A rendering of the speculative office building at 7951 Oceano Ave. in Jessup, MD.

JESSUP, MD—A partnership of Baltimore-based MRP Industrial and Clarion Partners LLC of New York City has acquired an 11-acre site here with the intention of building a new speculative 175,200-square-foot warehouse/industrial building to take advantage of strong tenant and investment demand in the region.

The MRP-Clarion partnership acquired the site at 7951 Oceano Ave. within the Maryland Food Center near the intersection of MD Route 175 and US Route 1 for an undisclosed price. Mark Levy, executive managing director and market leader of commercial brokerage firm JLL, represented the seller in the transaction.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

More from this author



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.