Holliday Fenoglio Fowler has announced the $135 million financing for two new, build-to-suit, class A industrial buildings fully leased to Under Armour and Amazon.com and totaling 2.2 million square feet within the Tradepoint Atlantic multimodal industrial project in the Baltimore-area community of Sparrows Point, Maryland.
The HFF team worked on behalf of the borrower, Tradepoint Atlantic, to place two separate nonrecourse loans with Allianz Real Estate, including the $71.8 million, 18-year, fixed-rate loan for the Under Armour facility and the $63.2 million, 17-year, fixed-rate loan for the Amazon facility.
The Tradepoint Atlantic site covers 3,250 acres on the Sparrows Point peninsula along the Patapsco River at the gateway to the Port of Baltimore approximately five miles southeast of Baltimore’s central business district. The location provides immediate access to major interstate and regional road networks via Interstate 695, which bifurcates the site and encirc
