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Transactions - FEBRUARY 2, 2023

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Brennan makes second acquisition in the Baltimore-Washington Corridor

by Released

Brennan Investment Group has made its second acquisition in the Baltimore-Washington Corridor, acquiring approximately 15.82 acres of vacant land along Solley Road in Glen Burnie, Md.

Brennan intends to develop a state-of-the-art, modern distribution building totaling approximately 80,275 square feet. The building is slated for completion in late 2023 and is intended to be the first of several future investments in the area.

“Acquired through an off-market transaction, this investment demonstrates our team’s ability to source land opportunities and then create value by developing class A, institutional assets,” said Chris Massey, a managing principal for the Mid-Atlantic and Northeast region. “This is an ideal location for distributors to service the larger regional population throughout the B-W Corridor. We have an excellent building design, which can accommodate both high employee counts as well as high trailer requirements.”

The property has interst

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