Brandon Woods
GLEN BURNIE, MD—Chesapeake Real Estate Group and EverWest Real Estate Investors on behalf of a separate account client, have sold Brandon Woods III, a two-building business community comprising 840,000 square feet of industrial/warehouse space and two land parcels with the potential for another 250,000 square feet of development. The assets, located at 7550 Perryman Ct and 7659 Solley Rd, are within Brandon Woods III, a 259-acre business community near Fort Smallwood Road in Anne Arundel County, Maryland.
Chesapeake Real Estate tells GlobeSt.com that the project went to market in the third quarter during an "extremely" hot environment and the seller was chosen in the fourth quarter. The first phase closed at the end of 2019 with the second building recently closed.
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