X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

BALTIMORE- Dallas-Fort Worth-based Hillwood Investment Properties and Brookfield Asset Management have partnered to acquire two industrial facilities totaling 1.8 million square feet here. It is the latest acquisition the JV partners have made, following a slew of purchases around the country earlier this summer.

The two properties are located at 451 Fletchwood Rd., in the Elkton submarket, and 238 Belvidere Rd., in the Perryville submarket. They are 756,690 square feet and 1-million-plus square feet, respectively. The are Class A properties with high-credit tenants, according to Tom Fishman, Hillwood’s EVP of Acquisition. In addition, the Belvidere Road facility in Perryville has active rail access that is served by CSX Railway.

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?

GlobeSt. NET LEASE Fall 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

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