HANOVER, MD-Cushman & Wakefield has completed the $90.5 million sale to Amazon of a six-building Baltimore industrial property portfolio, Techwood Business Center.
Amazon acquired the 648,173-square foot property, located in the Baltimore Commons Business Park here, from RREEF Management for $139 per square foot in a deal that Cushman negotiated on behalf of the seller, according to the firm's first-quarter Baltimore industrial market report.
Amazon has been expanding its footprint along the Baltimore-Washington corridor, where Techwood Business Center is located.
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Meredith Hobbs
Meredith Hobbs writes about the Atlanta legal community and the business of law. Contact her at [email protected] or 404.419.2837. On Twitter: @MeredithHobbs.
