EverWest Acquires Industrial Development Site


March 13, 2017

EverWest Real Estate Partners is pleased to announce the acquisition of 5350 Holabird Avenue, an 8.25 acre site located within a premier 48 acre industrial park. 
 
The asset is located immediately off of I-95 and 2,000 feet from Seagirt port terminal.  The site will allow for construction of a 140,000 square foot industrial building and will be located within a high image industrial park. 
 
Upon completion, this asset will be a state-of-the art distribution option for smaller tenants at the Port of Baltimore.  The modern Class "A" industrial building will include the following specifications: front-park/rear-load, 27 dock doors, 32' clear heights, 54x50 column spacing, ESFR, and 76 parking spots.
 
Mark Bigarel, Managing Director-Acquisitions with EverWest, comments, "EverWest is very excited that it was able to close on this site - an infill port site which we will begin to develop immediately.  We believe that the demand for a smaller Class "A" distribution building in this infill location will be highly attractive to a host of requirements in the market." 
 
EverWest acquired the 5350 Holabrid Avenue asset on behalf of a separate account with an institutional investor.