{"id":1004123635,"date":"2015-07-21T02:35:35","date_gmt":"2015-07-21T10:35:35","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=355277"},"modified":"2020-04-21T02:56:10","modified_gmt":"2020-04-21T10:56:10","slug":"defense-contractor-lands-in-westminster","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/defense-contractor-lands-in-westminster\/","title":{"rendered":"Defense Contractor Lands in Westminster"},"content":{"rendered":"

By Adrian Maties, Associate Editor<\/em><\/p>\n

\"1231<\/a><\/p>\n

1231 Independence Way – Westminster<\/p>\n<\/div>\n

CBRE<\/a> has recently brokered the sale of another property in the Greater Baltimore area.<\/p>\n

The firm’s Ketch Secor, first vice president, and Alan Grace, vice president, represented\u00a0Conewago Properties<\/a>\u00a0in the disposition of the flex-use asset located at 1231 Independence Way in the city of Westminster.<\/p>\n

Conewago Properties sold the Carroll County facility to Advanced Thermal Batteries<\/a>, a defense contractor and subsidiary of French company ASB Group, for $3.8 million. The Carroll County Economic Development and the State of Maryland Department of Economic Development helped to expedite the approval process for the transaction by leveraging multiple programs, in addition to providing significant economic incentives to the buyer.<\/p>\n

\u201cATB required a highly technical facility to manufacture batteries used for military and space applications. The 1231 Independence Way asset accommodates ATB\u2019s technical needs and offers a great work environment for both manufacturing employees and administrative functions,\u201d Alan Grace said in a prepared statement. \u201cThe property\u2019s logistic capabilities for manufacturing and suburban location were of paramount importance to the buyer during the transaction process.\u201d<\/p>\n

ATB\u2019s new facility is located on a six-acre site, close to the Carroll County airport. It offers a total of 40,000 square feet of space and onsite parking for 132 vehicles. The defense contractor purchased it as part of its expansion plan. It will relocate 30 employees to the new site, from its current location, at 107 Beaver Court, in Cockeysville.<\/p>\n

Aerial image via\u00a0Google Maps<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

CBRE has recently brokered the sale of another property in the Greater Baltimore area.<\/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-1004123635","post","type-post","status-publish","format-standard","hentry","category-baltimore","category-latest"],"acf":[],"yoast_head":"\nDefense Contractor Lands in Westminster - 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\/defense-contractor-lands-in-westminster\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Defense Contractor Lands in Westminster\" \/>\n<meta property=\"og:description\" content=\"CBRE has recently brokered the sale of another property in the Greater Baltimore area.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/defense-contractor-lands-in-westminster\/\" \/>\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=\"2015-07-21T10:35:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-21T10:56:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/07\/1231-independence-way.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\\\/defense-contractor-lands-in-westminster\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/defense-contractor-lands-in-westminster\\\/\"},\"author\":{\"name\":\"Adrian Maties\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/6dfc8d1c9006c9fd1c89d69133130109\"},\"headline\":\"Defense Contractor Lands in Westminster\",\"datePublished\":\"2015-07-21T10:35:35+00:00\",\"dateModified\":\"2020-04-21T10:56:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/defense-contractor-lands-in-westminster\\\/\"},\"wordCount\":247,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/defense-contractor-lands-in-westminster\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/07\\\/1231-independence-way.jpg\",\"articleSection\":[\"Baltimore\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/defense-contractor-lands-in-westminster\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/defense-contractor-lands-in-westminster\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/defense-contractor-lands-in-westminster\\\/\",\"name\":\"Defense Contractor Lands in Westminster - 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