HFF announces $56 million refinancing of the Baltimore Washington Logistics Center in Jessup, MD

Daniel McIntyre

WASHINGTON, DC –– Holliday Fenoglio Fowler, L.P. (HFF) announces a $56.325 million refinancing for the Baltimore Washington Logistics Center, a two-building, Class A industrial complex totaling 1,013,728 square feet in Jessup, Maryland. 

The HFF team worked on behalf of the borrower, a joint venture between AEW Capital Management, L.P. and Columbia-based Manekin, LLC, to secure the loan through Citizens Bank.

The Baltimore Washington Logistics Center is located at 7600 and 7540 Assateague Drive in the heart of the Baltimore-Washington Corridor. 

This location has excellent access to U.S. Route 1, U.S. Interstate 95 and the Baltimore Washington Parkway (Route 295), three of the Mid-Atlantic region’s primary thoroughfares. 

Fred Wittmann

Additionally, the property is not far from BWI Thurgood Marshall Airport and the Port of Baltimore.  7600 Assateague Drive is a vacant warehouse/distribution building totaling 853,503 square feet. 

Building II (7540 Assateague Drive) is a 160,255-square-foot, refrigerated warehouse/distribution building that is fully leased to G Cefalu & Bro, a leading food service distributor of produce and seafood in the Mid-Atlantic region.

The HFF debt placement team representing the borrower included senior director Daniel McIntyre, senior managing director Fred Wittmann and managing director Greg LaBine.

CONTACTS:

DANIEL MCINTYRE

HFF Senior Director

(202) 533-2500

dmcintyre@hfflp.com

GREG LABINE

HFF Managing Director

(617) 338-0990

glabine@hfflp.com

KIMBERLY STEELE

HFF Digital Content/Public Relations Specialist

(713) 852-3420

ksteele@hfflp.com

aew.com.

manekin.com