While the terms of ETG's deal were unavailable at presstime, the structure at 2202 Lakeside Boulevard carries a current assessment value of $6 million. Two years ago, Northeastern Supply, Inc. signed a 10-year, $5.7 million lease for a similarly sized space in the building next door.
Designers and manufacturers of detection and protection systems, ETG abandoned its former home at 1400 Taylor Ave. in Baltimore County's Towson, MD to be in closer proximity to its clients in the defense and military industries. The building also allows for space to accommodate anticipated growth.
Lakeside Business Park was founded in 1995 and offers 132 acres of space to accommodate up to 1.5 million sf of office and industrial space.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
