Home Depot Sets Up New Distribution Shop at Former TruServ Site

HAGERSTOWN, MD-The Home Depot has stationed itself at 16500 Hunters Green Parkway in the Hunters Green Business Center where it will open a new distribution hub in the 825,000-sf warehouse building. The home improvement retailer will settle into 450,000 sf of the property, which is part of the portfolio of real estate investment company New Boston Fund. While the terms of the Home Depot’s lease have not been made available, the average rent for industrial properties in suburban Maryland as of mid-year 2003 was $5.75 per sf, according to Advantis Real Estate Services.

A strategic location makes the structure at 16500 Hunters Green Parkway a natural choice for the Home Depot, which will utilize the facility for the housing and distribution of its bathroom and kitchen faucet, fixture, and decorative door hardware products. Situated on a 70-acre parcel at the intersection of I-70 and I-81 in Washington County, the five-year-old warehouse building is at the center of a crucial product distribution passageway that is within three hours from such key destinations as Baltimore, Philadelphia, Richmond, VA, and Washington, DC.