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 Road 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 square feet 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,” stated Hanna.
For more information about this transaction or to inquire about available industrial properties on the Eastern Shore, contact Henry Hanna at henry.hanna@svn.com or 410-543-2440.
SVN – Miller Commercial Real Estate, with offices in Salisbury, MD, Easton, MD, and Seaford, DE is a financial services firm specializing in commercial real estate. We provide advisory, brokerage, consultation, leasing and asset and property management services to clients in the Mid-Atlantic Region. We combine a comprehensive national footprint with local decision making, expertise and market-leading execution. We maintain an unequivocal commitment to our clients and community (#SVNgivesback).
SVN – Miller is an Accredited Management Organization® (AMO). Our team of dedicated professionals with market-leading knowledge includes a highly-trained staff of Certified Property Managers® (CPM®), Brokers who hold the prestigious Certified Commercial Investment Member (CCIM) designation, and members of the Society of Industrial and Office Realtors (SIOR).
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