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RIDGELY, MD-Retail drug manufacturer and distributor Medifast Inc. has decided to expand into a 119,000-sf building on Sunrise Ave. and will spend $3 million to acquire the structure and get it up and running. Medifast will hold on to its current 49,000-sf manufacturing center in Owings Mills, and will rely on the new facility for storage and distribution purposes. Property seller NewRoads Inc. put the building on the market through Binswanger/CBB just last month.

“Over the past year revenues at Medifast have more than doubled,” says Medifast CEO Brad MacDonald. “Acquiring the Ridgely distribution center allows us to build our infrastructure to accommodate our growth well into the future.” Located in Caroline County where highways 480 and 312 meet, the distribution center is just 60 miles outside of Baltimore, MD and Newark, DE, and about 70 miles outside of Washington, DC. Approximately 5,000 sf of the single-story 119,000-sf building is reserved for office space.

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