Cushman & Wakefield Facilitates Sale of 210K-SF Industrial Portfolio in Maryland
Cushman & Wakefield has successfully arranged the sale of the Techwood Light Industrial Portfolio, a collection of three industrial buildings along with an additional eight-acre parcel located in Hanover, Maryland. The property is situated within the strategically significant Baltimore–Washington Corridor.
The sale was brokered by Cushman & Wakefield’s Jonathan Carpenter, Graham Savage, Dawes Milchling, and James Check, who represented the seller, Longpoint Partners. The buyer, The Silverman Group, will have the portfolio managed by SL Industrial Partners.
“Techwood Light Industrial was one of the rare opportunities to acquire a scalable shallow-bay product in a supply-constrained, nationally recognized last-mile location,” said Jonathan Carpenter, Executive Managing Director at Cushman & Wakefield. “Investor interest was exceptionally strong given the portfolio’s combination of stable cash flow, meaningful upside through lease-up, and the long-term optionality of the eight-acre parcel.”
The 209,956-square-foot portfolio consists of three shallow-bay warehouses and the additional land parcel. The facilities offer a total of 34 dock doors, ample parking, and adaptable suite layouts suited for modern industrial use. Currently, the buildings are leased to nine tenants, presenting value-add potential through lease-up strategies and future mark-to-market rent adjustments.
This transaction highlights the continued demand for industrial assets in last-mile logistics locations, especially those with room for expansion and value-growth opportunities.
