SEVERN, MD-Whitehall Industrial Properties has completed an acquisition of a former Mack Truck Parts Distribution Center here. Financial terms of the transaction were not disclosed. The former distribution center is 221,000 sf, situated on 22 acres of property at 8000 Telegraph Road. In a statement, Whitehall said it would invest to make renovations to the property, including enhanced parking, improved loading facilities, and possible expansion is a tenant required it.
Rick Latini and Michael Elardo of Colliers Pinkard represented Whitehall Industrial in the deal and the firm is the exclusive leasing and marketing agent for the property. Whitehall was founded in late 1999, and target industrial properties for acquisition and redevelopment in three markets: Baltimore/Washington, New Jersey and Boston. Whitehall Industrial has acquired 1.5 million sf of industrial space since the company was established.