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  • Writer's pictureMAREJ

NKF announces 853,520 s/f industrial transaction along Baltimore-Washington Corridor

Jessup, MD — Newmark Knight Frank (NKF) announcedthe sale of 7600 Assateague Dr., also known as the Mid-Atlantic Commerce Center, an 853,520 s/f class A industrial building in Jessup. An investment vehicle currently managed by Grandview Partners purchased the property from a joint-venture led by local operator, Manekin. Executive managing director Cris Abramson, director Nicholas Signor and associate director Ben McCarty of Newmark Knight Frank’s Maryland Capital Markets team facilitated the sale, while senior managing director Brian Kruger provided leasing advisory services. “This sale represented a rare opportunity for Grandview Partners to both enter the market and place a meaningful amount of value-add capital in an exceptional property with investment-grade tenancy,”

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