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Chesapeake, EverWest sells industrial development for $90m
Transactions - APRIL 8, 2020

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Chesapeake, EverWest sells industrial development for $90m

by Andrea Zander

Germany-based GLL Real Estate Partners has acquired Brandon Woods III, a two-building industrial development in Curtis Bay, Md., for $90 million.

Chesapeake Real Estate Group (CREG) and EverWest Real Estate Investors sold the buildings. The sale also includes two land parcels with the potential for another 250,000 square feet of development.

The two assets span 840,000 square feet at 7550 Perryman Court and 7659 Solley Road.

GLL is the real estate equity investment platform for Macquarie Infrastructure and Real Assets, a division of the Macquarie Group.

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