Valore Ventures acquires 30,000± s/f industrial facility in Hyattsville, Maryland

Paul Hanafin of Berkadia represents seller, a private family trust

HYATTSVILLE, MD — Real estate investment and management firm Valore Ventures has acquired a nearly 30,000 s/f industrial property in Hyattsville.

Situated on a 1.4-acre site, 5115-5117 Lawrence Place is permitted for light manufacturing, warehousing and distribution. The property features 18 ft. clear ceilings, interior and exterior loading docks, and substantial surface parking. It is proximate to major arterial roads and within 12 miles of Washington, DC.

Valore Ventures plans to renovate the property with new roofing and exterior and interior upgrades to provide a contemporary warehousing facility for Spacesaver Interiors, a commercial storage and interior solutions company it acquired in partnership with Grays Peak Capital in late 2022.

“We are thrilled to complete another acquisition that demonstrates Valore Ventures’ dexterity in the investment sector,” said Kenny De Angelis, principal of Valore Ventures. “We were able to identify this value-add opportunity in support of Spacesaver Interiors’ expansion to meet surging need for commercial storage and automation solutions across a variety of industries.”

The well-timed transaction is the latest by Valore Ventures, which invests in operating companies, commercial real estate and redevelopment of diverse value-add properties, according to De Angelis. “We continue to see robust demand for the type of flexible strategies we pursue to unlock value in diverse assets across the US.”

KLNB’s Chris Kubler represented Beverly Hills, CA-based Valore Ventures in the transaction. The seller, a private family trust, was represented by Paul Hanafin of Berkadia.