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Longpoint Realty Purchases $51M Logistics Portfolio

The 339,000-square-foot industrial portfolio comprises three, fully-leased assets located within the Baltimore-Washington corridor.

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BALTIMORE – Terreno Realty Corp. has sold its 339,000-square-foot, three-building, core logistics portfolio to Longpoint Realty for $51.3 million.

Each situated within the Baltimore-Washington corridor, the class A buildings consist of 7190 Parkway Dr. in Hanover, MD; 9070 Junction Dr. in Annapolis Junction, MD; and 7125 Troy Hill Dr. in Elkridge MD.

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Ingrid Tunberg

Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.

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