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Maryland State Wire

Thursday, April 17, 2025

ANNE ARUNDEL COUNTY ECONOMIC DEVELOPMENT CORPORATION: KKR pays $37.7M for Hanover industrial portfolio

Webp money 02

Anne Arundel County Economic Development Corporation issued the following announcement on Feb. 12.

"A three-building industrial complex near Baltimore/Washington International Thurgood Marshall has changed hands for $37.7 million.

The industrial portfolio, known as Logistics Pointe BWI, was built in 2010 and is located at 7462-7468 Candlewood Road in Hanover..The sale comes at a time when Greater Baltimore's industrial market is posting strong sales and leasing figures.

Real estate brokerage Lee & Associates said the growth was expected to continue through 2019. Industrial growth in Central Maryland last year set a record pace with a total of 4.4 million square feet of new warehouse development underway, Lee & Associates data showed."

#AnneArundel

https://www.bizjournals.com/…/kkr-pays-37-7m-for-hanover-in…

Original source can be found here.

Source: Anne Arundel County Economic Development Corporation