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103 Fulfillment Drive

Edgewood, MD

Market: Baltimore

Acquired in 2023 the asset was 100% leased to three tenants with a WALT of 1.1 years. However, during due diligence, HSLP leveraged its relationships with one tenant’s local broker and gained knowledge of their long-term plans. Just weeks after closing, the deal was significantly de-risked by renewing and expanding the tenant into the neighboring suite.

Property Details

Strategy

Core Plus

Number of Buildings

1

Size

140,240 SF

Year Built

2019

Clear Height

32'

Deal Structure

Core Plus