{"id":1004192720,"date":"2017-10-05T04:47:29","date_gmt":"2017-10-05T12:47:29","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004192720"},"modified":"2022-12-08T22:01:46","modified_gmt":"2022-12-09T06:01:46","slug":"layher-acquires-baltimore-facility","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/layher-acquires-baltimore-facility\/","title":{"rendered":"Layher Acquires Baltimore Facility"},"content":{"rendered":"<p>By Roxana Baiceanu<\/p>\n<div id=\"attachment_1004192721\" style=\"width: 371px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/7014-E.-Baltimore-Street-Baltimore.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004192721\" data-attachment-id=\"1004192721\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/layher-acquires-baltimore-facility\/7014-e-baltimore-street-baltimore\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/7014-E.-Baltimore-Street-Baltimore.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;10&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;NIKON D40&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1506913583&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;20&quot;,&quot;iso&quot;:&quot;200&quot;,&quot;shutter_speed&quot;:&quot;0.0025&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"7014 E. Baltimore St., Baltimore\" data-image-description=\"&lt;p&gt;7014 E. Baltimore St., Baltimore&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;7014 E. Baltimore St., Baltimore&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/7014-E.-Baltimore-Street-Baltimore.jpg?w=800\" class=\"wp-image-1004192721 \" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/7014-E.-Baltimore-Street-Baltimore.jpg\" alt=\"7014 E. Baltimore St., Baltimore\" width=\"361\" height=\"280\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/7014-E.-Baltimore-Street-Baltimore.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/7014-E.-Baltimore-Street-Baltimore.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/7014-E.-Baltimore-Street-Baltimore.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 361px) 100vw, 361px\" \/><\/a><p id=\"caption-attachment-1004192721\" class=\"wp-caption-text\">7014 E. Baltimore St., Baltimore<\/p><\/div>\n<p>Layher North America purchased a 36,814-square-foot warehouse and office facility in the Dundalk submarket of Baltimore County, where it plans to relocate its northeast region branch, currently located on Lake Drive. Transwestern closed on the $2.5 deal on behalf of the buyer.<\/p>\n<p>The company expects to move its assembly, distribution, storage and support operations to the new location at 7014 E. Baltimore St. by the end of the year. Running new engineering activities is also part of Layher\u2019s plan. The single-story building features 18-foot ceilings, a surface parking lot and a large storage yard area, on par with Layher\u2019s needs. The six-acre site is\u00a0part of a\u00a0<a href=\"https:\/\/www.commercialsearch.com\/news\/rare-md-industrial-asset-up-for-sale\/\">dynamic industrial area<\/a>, close to interstates 95 and 695 and\u00a0less than 10 miles from downtown\u00a0Baltimore.\u00a0<\/p>\n<p>\u201c<em>We were attracted to the building\u2019s prime location near convenient highway systems and its relatively close proximity to our former site, which will minimize disruptions to our employees and customers,<\/em>\u201d said Frank Frietsch, CEO &amp; executive vice president of Layher, in prepared remarks.<\/p>\n<p>A team made up of Herbert Burgunder, member of Pessin Katz Law, and Transwestern Vice President Brian Siegel represented the buyer.<\/p>\n<p>Image courtesy of Layher North America \u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The transaction closed at $2.5 million. The company plans to relocate its northeast region office to the new property by the end of the year. <\/p>\n","protected":false},"author":1064,"featured_media":1004192721,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1579,21743,21748,11,21742],"tags":[37849,33313],"class_list":["post-1004192720","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-baltimore","category-deals","category-industrial","category-midatlantic","category-latest","tag-baltimore-county","tag-transwestern"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Layher Acquires Baltimore Facility - 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\/layher-acquires-baltimore-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Layher Acquires Baltimore Facility\" \/>\n<meta property=\"og:description\" content=\"The transaction closed at $2.5 million. The company plans to relocate its northeast region office to the new property by the end of the year.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/layher-acquires-baltimore-facility\/\" \/>\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=\"2017-10-05T12:47:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T06:01:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/7014-E.-Baltimore-Street-Baltimore.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gabriel Circiog\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/layher-acquires-baltimore-facility\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/layher-acquires-baltimore-facility\/\",\"name\":\"Layher Acquires Baltimore Facility - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/layher-acquires-baltimore-facility\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/layher-acquires-baltimore-facility\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/7014-E.-Baltimore-Street-Baltimore.jpg\",\"datePublished\":\"2017-10-05T12:47:29+00:00\",\"dateModified\":\"2022-12-09T06:01:46+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/fea14f28ef4cea0e4f36b0516e632ebb\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/layher-acquires-baltimore-facility\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/layher-acquires-baltimore-facility\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/layher-acquires-baltimore-facility\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/7014-E.-Baltimore-Street-Baltimore.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/7014-E.-Baltimore-Street-Baltimore.jpg\",\"width\":800,\"height\":620,\"caption\":\"7014 E. 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