{"id":1004107634,"date":"2014-11-16T17:31:27","date_gmt":"2014-11-17T01:31:27","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=305662"},"modified":"2020-05-19T00:56:32","modified_gmt":"2020-05-19T08:56:32","slug":"chesapeake-plywood-buys-warehouse-in-baltimores-orangeville-industrial-area-for-3m-2","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/chesapeake-plywood-buys-warehouse-in-baltimores-orangeville-industrial-area-for-3m-2\/","title":{"rendered":"Chesapeake Plywood Buys Warehouse in Baltimore\u2019s Orangeville Industrial Area for $3M"},"content":{"rendered":"<p style=\"text-align: justify;\"><em>By Adrian Maties, Associate Editor<\/em><\/p>\n<div id=\"attachment_305761\" class=\"wp-caption alignright\" style=\"width: 310px\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/11\/3400-E.-Bidle-Street.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-305761\" title=\"3400 E. Bidle Street\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/11\/3400-E.-Bidle-Street.jpg\" alt=\"\" width=\"300\" height=\"161\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">3400 E. Biddle Street<\/p>\n<\/div>\n<p style=\"text-align: justify;\">A warehouse in Baltimore City\u2019s Orangeville Industrial Area recently changed hands. Chesapeake Plywood paid $3 million to purchase the property at 3400 E. Biddle Street from Miller Investments. Alan Coppola of NAI KLNB represented the buyer, while Justin Mohler of CBRE represented the seller.<\/p>\n<p style=\"text-align: justify;\">Chesapeake Plywood is a large supplier of hardwood plywood. The company  was founded in 2001, by John Emdem. It currently occupies approximately 50,000 square feet of space at 1700 Ridgely Street, but this location is unable to accommodate the company\u2019s plans to expand.<\/p>\n<p style=\"text-align: justify;\">The warehouse at 3400 E. Biddle Street offers about 157,000 square feet of space. It will be the new home of Chesapeake Plywood and Chesapeake Custom Milling Services, a second entity, which produces specialty-cut wood products. And Chesapeake Plywood also plans to reactivate two dormant companies and operate them within the project. The two companies are Chesapeake Warehousing, which offers public warehouse space, and Chesapeake Wood Express Trucking, a logistics company.<\/p>\n<p style=\"text-align: justify;\">In a news release, John Emden said, \u201dit is more efficient and smarter to re-establish these two companies, rather than look for other entities to lease the surplus space.\u201d Together, the four companies will have more than 35 employees at 3400 E. Biddle Street.<\/p>\n<p style=\"text-align: justify;\">\u201cOur operations have acquired large machinery over the past several years, and we have stored this equipment on the adjacent parking lot at our former location,\u201d John Emden, president of Chesapeake Plywood, explained. \u201cRapid expansion necessitated the need to find an enlarged space to accommodate this growth and fuel the continued momentum of our companies.\u201d<\/p>\n<p style=\"text-align: justify;\">Chesapeake Plywood said it will immediately start work on a $1 million renovation of the new property. Plans call for a remake of the office space, replacing the ceilings, installing new doors and ramps, performing concrete work and even constructing a new  cafeteria and fitness room.<\/p>\n<p style=\"text-align: justify;\">This property \u201c3400 E. Biddle Street represented the perfect solution for Chesapeake Plywood on multiple levels,\u201d NAI KLNB\u2019s Alan Coppola added. \u201cThe new location is within close proximity to the Port of Baltimore, which lowers expenses and expedites delivery. Purchasing the building places the company in an equity position, rather than paying monthly rent. And, the added space enables them to re-establish two former companies that previously operated.\u201d<\/p>\n<p style=\"text-align: justify;\"><em>Photo credit: <a href=\"https:\/\/maps.google.com\/\" rel=\"nofollow\" >Google Maps<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A warehouse in Baltimore City&rsquo;s Orangeville Industrial Area has recently changed hands. Chesapeake Plywood paid $3 million to purchase the property at 3400 E. Biddle Street from Miller Investments. Alan Coppola of NAI KLNB represented the buyer, while Justin Mohler of CBRE represented the seller.<\/p>\n","protected":false},"author":925,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1579,21742],"tags":[],"class_list":["post-1004107634","post","type-post","status-publish","format-standard","hentry","category-baltimore","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Chesapeake Plywood Buys Warehouse in Baltimore\u2019s Orangeville Industrial Area for $3M - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/chesapeake-plywood-buys-warehouse-in-baltimores-orangeville-industrial-area-for-3m-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chesapeake Plywood Buys Warehouse in Baltimore\u2019s Orangeville Industrial Area for $3M\" \/>\n<meta property=\"og:description\" content=\"A warehouse in Baltimore City&rsquo;s Orangeville Industrial Area has recently changed hands. Chesapeake Plywood paid $3 million to purchase the property at 3400 E. Biddle Street from Miller Investments. Alan Coppola of NAI KLNB represented the buyer, while Justin Mohler of CBRE represented the seller.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/chesapeake-plywood-buys-warehouse-in-baltimores-orangeville-industrial-area-for-3m-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-11-17T01:31:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-19T08:56:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/11\/3400-E.-Bidle-Street.jpg\" \/>\n<meta name=\"author\" content=\"Adrian Maties\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/chesapeake-plywood-buys-warehouse-in-baltimores-orangeville-industrial-area-for-3m-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/chesapeake-plywood-buys-warehouse-in-baltimores-orangeville-industrial-area-for-3m-2\\\/\"},\"author\":{\"name\":\"Adrian Maties\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/6dfc8d1c9006c9fd1c89d69133130109\"},\"headline\":\"Chesapeake Plywood Buys Warehouse in Baltimore\u2019s Orangeville Industrial Area for $3M\",\"datePublished\":\"2014-11-17T01:31:27+00:00\",\"dateModified\":\"2020-05-19T08:56:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/chesapeake-plywood-buys-warehouse-in-baltimores-orangeville-industrial-area-for-3m-2\\\/\"},\"wordCount\":387,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/chesapeake-plywood-buys-warehouse-in-baltimores-orangeville-industrial-area-for-3m-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/11\\\/3400-E.-Bidle-Street.jpg\",\"articleSection\":[\"Baltimore\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/chesapeake-plywood-buys-warehouse-in-baltimores-orangeville-industrial-area-for-3m-2\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/chesapeake-plywood-buys-warehouse-in-baltimores-orangeville-industrial-area-for-3m-2\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/chesapeake-plywood-buys-warehouse-in-baltimores-orangeville-industrial-area-for-3m-2\\\/\",\"name\":\"Chesapeake Plywood Buys Warehouse in Baltimore\u2019s Orangeville Industrial Area for $3M - 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