{"id":1004120765,"date":"2015-06-06T17:09:48","date_gmt":"2015-06-07T01:09:48","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=349781"},"modified":"2020-05-19T02:59:36","modified_gmt":"2020-05-19T10:59:36","slug":"manekin-aew-capital-management-buy-large-distribution-center-in-jessup","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/manekin-aew-capital-management-buy-large-distribution-center-in-jessup\/","title":{"rendered":"Manekin, AEW Capital Management Buy Large Distribution Center in Jessup"},"content":{"rendered":"<p style=\"text-align: justify;\"><em>By Adrian Maties, Associate Editor<\/em><\/p>\n<p style=\"text-align: justify;\">Industrial investment sales activity remains very healthy in Greater Baltimore. The latest property to change hands is a large distribution center located at 7600 Assateague Drive, in Jessup.<\/p>\n<p style=\"text-align: justify;\">The property, also known as the Baltimore Washington Logistics Center, was acquired by Manekin and AEW Capital Management. Cushman &amp; Wakefield announced the sale and represented the sellers, New York Life Real Estate Investors and Mosaic Realty Partners, in the transaction. The sale price was not disclosed. However, <a href=\"https:\/\/www.propertyshark.com\" rel=\"nofollow\" ><em>PropertyShark<\/em><\/a> reports that the distribution center\u2019s current market value is about $32.8 million. The real estate website also says that the former owners purchased the building in 2013, for a little over $33 million.<\/p>\n<p style=\"text-align: justify;\">The Baltimore Washington Logistics Center was constructed in 1973 on an almost 60-acre site, at the intersection of I-95 and Maryland Route 175, in the heart of the Baltimore-Washington Corridor. The distribution center offers 792,678 square feet of space, trailer storage, 30\u2019 clear height, and an ESFR sprinkler system.<\/p>\n<p style=\"text-align: justify;\">According to Cushman &amp; Wakefield, the new owners have big plans for the property. Manekin and AEW Capital Management intend to expand the main existing warehouse by approximately 127,000 square feet. And they will also construct a speculative 160,000 \u2013square-foot Class A warehouse on the site.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Industrial investment sales activity remains very healthy in Greater Baltimore. The latest property to change hands is a large distribution center located at 7600 Assateague Drive, in Jessup.<\/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-1004120765","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>Manekin, AEW Capital Management Buy Large Distribution Center in Jessup - 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\/manekin-aew-capital-management-buy-large-distribution-center-in-jessup\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Manekin, AEW Capital Management Buy Large Distribution Center in Jessup\" \/>\n<meta property=\"og:description\" content=\"Industrial investment sales activity remains very healthy in Greater Baltimore. The latest property to change hands is a large distribution center located at 7600 Assateague Drive, in Jessup.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/manekin-aew-capital-management-buy-large-distribution-center-in-jessup\/\" \/>\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=\"2015-06-07T01:09:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-19T10:59:36+00:00\" \/>\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\\\/manekin-aew-capital-management-buy-large-distribution-center-in-jessup\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/manekin-aew-capital-management-buy-large-distribution-center-in-jessup\\\/\"},\"author\":{\"name\":\"Adrian Maties\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/6dfc8d1c9006c9fd1c89d69133130109\"},\"headline\":\"Manekin, AEW Capital Management Buy Large Distribution Center in Jessup\",\"datePublished\":\"2015-06-07T01:09:48+00:00\",\"dateModified\":\"2020-05-19T10:59:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/manekin-aew-capital-management-buy-large-distribution-center-in-jessup\\\/\"},\"wordCount\":211,\"commentCount\":0,\"articleSection\":[\"Baltimore\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/manekin-aew-capital-management-buy-large-distribution-center-in-jessup\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/manekin-aew-capital-management-buy-large-distribution-center-in-jessup\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/manekin-aew-capital-management-buy-large-distribution-center-in-jessup\\\/\",\"name\":\"Manekin, AEW Capital Management Buy Large Distribution Center in Jessup - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"datePublished\":\"2015-06-07T01:09:48+00:00\",\"dateModified\":\"2020-05-19T10:59:36+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/6dfc8d1c9006c9fd1c89d69133130109\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/manekin-aew-capital-management-buy-large-distribution-center-in-jessup\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/manekin-aew-capital-management-buy-large-distribution-center-in-jessup\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/manekin-aew-capital-management-buy-large-distribution-center-in-jessup\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Manekin, AEW Capital Management Buy Large Distribution Center in Jessup\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/6dfc8d1c9006c9fd1c89d69133130109\",\"name\":\"Adrian Maties\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/5d44b73a0d511e855d0ea5f29d28e7d8527c86a0c6c0f67be8f2e9642a9d9e8d?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/5d44b73a0d511e855d0ea5f29d28e7d8527c86a0c6c0f67be8f2e9642a9d9e8d?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/5d44b73a0d511e855d0ea5f29d28e7d8527c86a0c6c0f67be8f2e9642a9d9e8d?s=96&d=mm&r=g\",\"caption\":\"Adrian Maties\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/adrianmaties\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Manekin, AEW Capital Management Buy Large Distribution Center in Jessup - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/manekin-aew-capital-management-buy-large-distribution-center-in-jessup\/","og_locale":"en_US","og_type":"article","og_title":"Manekin, AEW Capital Management Buy Large Distribution Center in Jessup","og_description":"Industrial investment sales activity remains very healthy in Greater Baltimore. The latest property to change hands is a large distribution center located at 7600 Assateague Drive, in Jessup.","og_url":"https:\/\/www.commercialsearch.com\/news\/manekin-aew-capital-management-buy-large-distribution-center-in-jessup\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2015-06-07T01:09:48+00:00","article_modified_time":"2020-05-19T10:59:36+00:00","author":"Adrian Maties","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/manekin-aew-capital-management-buy-large-distribution-center-in-jessup\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/manekin-aew-capital-management-buy-large-distribution-center-in-jessup\/"},"author":{"name":"Adrian Maties","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6dfc8d1c9006c9fd1c89d69133130109"},"headline":"Manekin, AEW Capital Management Buy Large Distribution Center in Jessup","datePublished":"2015-06-07T01:09:48+00:00","dateModified":"2020-05-19T10:59:36+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/manekin-aew-capital-management-buy-large-distribution-center-in-jessup\/"},"wordCount":211,"commentCount":0,"articleSection":["Baltimore","News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/manekin-aew-capital-management-buy-large-distribution-center-in-jessup\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/manekin-aew-capital-management-buy-large-distribution-center-in-jessup\/","url":"https:\/\/www.commercialsearch.com\/news\/manekin-aew-capital-management-buy-large-distribution-center-in-jessup\/","name":"Manekin, AEW Capital Management Buy Large Distribution Center in Jessup - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"datePublished":"2015-06-07T01:09:48+00:00","dateModified":"2020-05-19T10:59:36+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6dfc8d1c9006c9fd1c89d69133130109"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/manekin-aew-capital-management-buy-large-distribution-center-in-jessup\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/manekin-aew-capital-management-buy-large-distribution-center-in-jessup\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/manekin-aew-capital-management-buy-large-distribution-center-in-jessup\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Manekin, AEW Capital Management Buy Large Distribution Center in Jessup"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6dfc8d1c9006c9fd1c89d69133130109","name":"Adrian Maties","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/5d44b73a0d511e855d0ea5f29d28e7d8527c86a0c6c0f67be8f2e9642a9d9e8d?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/5d44b73a0d511e855d0ea5f29d28e7d8527c86a0c6c0f67be8f2e9642a9d9e8d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/5d44b73a0d511e855d0ea5f29d28e7d8527c86a0c6c0f67be8f2e9642a9d9e8d?s=96&d=mm&r=g","caption":"Adrian Maties"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/adrianmaties\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004120765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/925"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004120765"}],"version-history":[{"count":2,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004120765\/revisions"}],"predecessor-version":[{"id":1004448550,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004120765\/revisions\/1004448550"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004120765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004120765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004120765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}