Newmark Group has arranged the $203 million off-market sale of a nearly 1.4 million-square-foot micro-bay industrial portfolio spanning the Mid-Atlantic region to Silverman Group. The highly diversified portfolio includes approximately 50 buildings and 600 tenants across Maryland and northern Virginia, one of the nation’s most supply-constrained and demographically dense industrial corridors.
“Small-bay industrial has become one of the most resilient segments of the U.S. industrial market, supported by fragmented ownership, diversified tenancy and consistent local demand,” said Jack Fraker, president, global head of industrial and logistics, capital markets. “Well-assembled portfolios in core corridors like the Mid-Atlantic continue to attract institutional capital seeking durable income and downside protection.”
The portfolio encompasses properties in Capitol Heights, Glen Burnie, Hyattsville, Laurel, Forestville, Rockville, Gaithersburg, Frederick, Beltsv