CAMBRIDGE, MD — SVN - Miller Commercial Real Estate senior advisor Henry Hanna, CCIM, SIOR recently sold a large industrial facility in Cambridge, MD. The 150,000 square foot building located at 806 Woods Rd. sits on 20 acres and is occupied by DS Smith, formerly Interstate Container. Hanna represented both the seller, Cazadore, LLC, and the buyer in this transaction.
The building was purchased by a local investor who plans to renovate 40,000 s/f into new high ceiling warehouse space for lease. This expanded modern warehouse facility will service the logistical needs for companies distributing throughout the Mid-Atlantic region and is located approximately 17 minutes east of the Chesapeake Bay.
“The Woods Road industrial corridor is ready to start a significant upgrade for truck traffic and utilities between Rt. 50 and the Bypass to serve the growing business traffic,” said Hanna.