Ruppert Properties has recently acquired a 89,000-square-foot industrial building located at 7201 McKinney Circle in Frederick, Maryland. The property was previously owned by Aspen Publishers and the purchase price remains undisclosed.
Situated on 7 acres of land zoned for light industrial use, this facility boasts clear heights ranging from 30 to 40 feet and offers various loading configurations. Ruppert Properties plans to revamp the site with exterior and interior renovations such as facade upgrades, dock enhancements, energy-efficient lighting installations, asphalt repairs,and landscaping improvements. Currently unoccupied,the property presents an opportunity for potential tenants.
The transaction was facilitated by Craig Childs of JLL Capital Markets who represented the seller while Ruppert Properties acted on their own behalf in this deal.
