Thank you for sharing!

Your article was successfully shared with the contacts you provided.

JESSUP, MD-Two tenants are taking 103,050 square feet at an industrial warehouse owned by Invesco Real Estate. National/Azon will occupy 44,100 square feet and Door to Door Storage, Inc., will occupy 58,950 square feet at 8263 Patuxent Range Rd. here.

One of 60 properties within the Baltimore Washington Industrial Park, 8263 Patuxent Range Rd. is 164,700 square feet. Invesco Real Estate, was represented by Transwestern brokers Tom Gentner, Brian Watts, Mark Glagola and Michael Phipps. Gentner, Watts, Glagola and Phipps also represented National/AZON in the deal. Door to Door Storage was represented by Shawn Childs and John Wilhide of CB Richard Ellis.

In general, industrial is faring relatively well in this market considering the economy. Jessup, in particular, is benefiting from its proximity to the Port of Baltimore as well as the Washington, DC market. The larger Baltimore industry market has experienced a low vacancy rate of under 3% due in some part to the enhancements the port has made to better handle commodities. Transwestern did not return a call to GlobeSt.com in time for publication.

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?



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

Copyright © 2022 ALM Global, LLC. All Rights Reserved.