TradeCenter@95 will be a state-of-the-art bulk distribution facility of up to 1.2 million square feet on 74 acres of land. The investment strategy is the development of the facility in two phases, leased to a single nationally recognized tenant and then a sale of the property to an institutional investor desiring a stable long-term investment. The fully permitted and approved site is within the 800-acre master-planned Principio Business Park, a state chartered Enterprise Zone in Northeast, Maryland. The location is in the northeast corner of the state and is within a twelve hour drive to every major city and port on the East Coast. The property is one mile from Interstate 95 which is one of the most important transportation corridors in the United States, connecting major urban centers from Maine to Florida. TradeCenter@95 is being designed to offer users who are seeking an expandable, modern facility capable of generating operational efficiency and distribution savings. The strategy is timely since the existing vacancy in this project’s trade area is situated in functionally obsolete buildings; therefore a pressing need currently exists for new class A bulk industrial space in this primary distribution region.
The strength of the Mid-Atlantic and Northeast industrial market combined with the excellent location of the TradeCenter@95 site with the scarcity of large, zoned, rail-served land tracts within an Enterprise Zone provide a unique opportunity for potential investors to be involved in the continuing growth of one of the country’s most dynamic warehouse/distribution regions.
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