{"id":1004343332,"date":"2019-08-01T23:45:32","date_gmt":"2019-08-02T07:45:32","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004343332"},"modified":"2019-08-07T08:42:28","modified_gmt":"2019-08-07T16:42:28","slug":"trammell-crow-to-develop-700-ksf-baltimore-distribution-facility","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/trammell-crow-to-develop-700-ksf-baltimore-distribution-facility\/","title":{"rendered":"Trammell Crow to Develop 700 KSF Baltimore Distribution Facility"},"content":{"rendered":"<div id=\"attachment_1004343338\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Northeast-Commons.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004343338\" data-attachment-id=\"1004343338\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/trammell-crow-to-develop-700-ksf-baltimore-distribution-facility\/northeast-commons\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Northeast-Commons.jpg\" data-orig-size=\"608,436\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Northeast Commons\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Northeast Commons. Rendering courtesy of Trammell Crow Co.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Northeast-Commons.jpg?w=608\" class=\"wp-image-1004343338 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Northeast-Commons.jpg\" alt=\"\" width=\"300\" height=\"215\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Northeast-Commons.jpg 608w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Northeast-Commons.jpg?resize=300,215 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004343338\" class=\"wp-caption-text\">Northeast Commons. <em>Rendering courtesy of Trammell Crow Co.<\/em><\/p><\/div>\n<p>Trammell Crow Co., along with development partner Diamond Realty Investments, has secured funding for an upcoming speculative industrial project along the Interstate 95 corridor north of Baltimore, Md. BMO Harris Bank originated the $26 million construction loan. Dubbed North East Commons, the Class A facility is slated for a 2020 completion.<\/p>\n<p>The 716,490-square-foot distribution center will be situated on a 60-acre parcel in North East, in Cecil County. The building will feature 40-foot clear heights, 1 per 7,000-square-foot dock door ratios as well as car and trailer parking with multiple queuing lanes. North East Commons will also feature rail access. The development is located about 45 miles from Baltimore and 60 miles from Philadelphia. The warehouse will feature frontage along Route 272, with I-95 just a mile away.<\/p>\n<p>According to Trammell Crow Vice President Matt Nunn, the I-95 corridor is a growing submarket that continues to attract large tenants. A recent JLL industrial report highlights the same area as having more than 90 percent of all metro Baltimore\u2019s industrial development\u2014more than 3 million square feet. And according to Prologis, <a href=\"https:\/\/www.commercialsearch.com\/news\/steady-industrial-demand-maintains-vacancy-near-historic-lows\/\">industrial vacancy rates dropped<\/a> to 4.5% nationwide.<\/p>\n<p>The area is designated a Maryland Enterprise Zone, which provides tax incentives both for developers and potential tenants, including a 10-year credit against local property taxes and credits for every new position created that pays at least 150 percent of the federal minimum wage. According to the Maryland Department of Commerce, Cecil County has more than 6,200 acres designated as Enterprise Zones,&nbsp;expiring in 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Along with partner Diamond Realty Investments, the developer secured construction financing for the project. North East Commons, located in a Maryland Enterprise Zone, will be eligible for tax credits.<\/p>\n","protected":false},"author":1284,"featured_media":1004343338,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1579,21782,21825,21748,11,21742],"tags":[36551,33974,32796,33943,32956,32893],"class_list":["post-1004343332","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-baltimore","category-development","category-finance","category-industrial","category-midatlantic","category-latest","tag-bmo-harris-bank","tag-diamond-realty-investments","tag-jll","tag-matt-nunn","tag-prologis","tag-trammell-crow-company"],"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>Trammell Crow to Develop 700 KSF Baltimore Distribution 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\/trammell-crow-to-develop-700-ksf-baltimore-distribution-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trammell Crow to Develop 700 KSF Baltimore Distribution Facility\" \/>\n<meta property=\"og:description\" content=\"Along with partner Diamond Realty Investments, the developer secured construction financing for the project. North East Commons, located in a Maryland Enterprise Zone, will be eligible for tax credits.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/trammell-crow-to-develop-700-ksf-baltimore-distribution-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=\"2019-08-02T07:45:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-08-07T16:42:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Northeast-Commons.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"608\" \/>\n\t<meta property=\"og:image:height\" content=\"436\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tudor Scolca\" \/>\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\/trammell-crow-to-develop-700-ksf-baltimore-distribution-facility\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/trammell-crow-to-develop-700-ksf-baltimore-distribution-facility\/\",\"name\":\"Trammell Crow to Develop 700 KSF Baltimore Distribution Facility - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/trammell-crow-to-develop-700-ksf-baltimore-distribution-facility\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/trammell-crow-to-develop-700-ksf-baltimore-distribution-facility\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Northeast-Commons.jpg\",\"datePublished\":\"2019-08-02T07:45:32+00:00\",\"dateModified\":\"2019-08-07T16:42:28+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/daae3daa7b99fdfb75a85cb3cd92a26d\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/trammell-crow-to-develop-700-ksf-baltimore-distribution-facility\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/trammell-crow-to-develop-700-ksf-baltimore-distribution-facility\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/trammell-crow-to-develop-700-ksf-baltimore-distribution-facility\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Northeast-Commons.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Northeast-Commons.jpg\",\"width\":608,\"height\":436,\"caption\":\"Northeast Commons. Rendering courtesy of Trammell Crow Co.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/trammell-crow-to-develop-700-ksf-baltimore-distribution-facility\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Trammell Crow to Develop 700 KSF Baltimore Distribution Facility\"}]},{\"@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\/daae3daa7b99fdfb75a85cb3cd92a26d\",\"name\":\"Tudor Scolca\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/TudorScolca_AuthorBio.jpg?w=96\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/TudorScolca_AuthorBio.jpg?w=96\",\"caption\":\"Tudor Scolca\"},\"description\":\"Tudor Scolca-Seu\u0219an is an Associate Editor with Commercial Property Executive and Multi-Housing News. He joined CPE and MHN in 2017 and is passionate about doing research for the two publications. He is responsible for data center and industrial coverage on CPE, writing seasonal metro reports on multifamily, interviews and features, as well as occasionally editing news stories.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/tudor-scolca\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Trammell Crow to Develop 700 KSF Baltimore Distribution Facility - 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\/trammell-crow-to-develop-700-ksf-baltimore-distribution-facility\/","og_locale":"en_US","og_type":"article","og_title":"Trammell Crow to Develop 700 KSF Baltimore Distribution Facility","og_description":"Along with partner Diamond Realty Investments, the developer secured construction financing for the project. North East Commons, located in a Maryland Enterprise Zone, will be eligible for tax credits.","og_url":"https:\/\/www.commercialsearch.com\/news\/trammell-crow-to-develop-700-ksf-baltimore-distribution-facility\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2019-08-02T07:45:32+00:00","article_modified_time":"2019-08-07T16:42:28+00:00","og_image":[{"width":608,"height":436,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Northeast-Commons.jpg","type":"image\/jpeg"}],"author":"Tudor Scolca","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/trammell-crow-to-develop-700-ksf-baltimore-distribution-facility\/","url":"https:\/\/www.commercialsearch.com\/news\/trammell-crow-to-develop-700-ksf-baltimore-distribution-facility\/","name":"Trammell Crow to Develop 700 KSF Baltimore Distribution Facility - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/trammell-crow-to-develop-700-ksf-baltimore-distribution-facility\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/trammell-crow-to-develop-700-ksf-baltimore-distribution-facility\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Northeast-Commons.jpg","datePublished":"2019-08-02T07:45:32+00:00","dateModified":"2019-08-07T16:42:28+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/daae3daa7b99fdfb75a85cb3cd92a26d"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/trammell-crow-to-develop-700-ksf-baltimore-distribution-facility\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/trammell-crow-to-develop-700-ksf-baltimore-distribution-facility\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/trammell-crow-to-develop-700-ksf-baltimore-distribution-facility\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Northeast-Commons.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Northeast-Commons.jpg","width":608,"height":436,"caption":"Northeast Commons. Rendering courtesy of Trammell Crow Co."},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/trammell-crow-to-develop-700-ksf-baltimore-distribution-facility\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Trammell Crow to Develop 700 KSF Baltimore Distribution Facility"}]},{"@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\/daae3daa7b99fdfb75a85cb3cd92a26d","name":"Tudor Scolca","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/TudorScolca_AuthorBio.jpg?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/TudorScolca_AuthorBio.jpg?w=96","caption":"Tudor Scolca"},"description":"Tudor Scolca-Seu\u0219an is an Associate Editor with Commercial Property Executive and Multi-Housing News. He joined CPE and MHN in 2017 and is passionate about doing research for the two publications. He is responsible for data center and industrial coverage on CPE, writing seasonal metro reports on multifamily, interviews and features, as well as occasionally editing news stories.","url":"https:\/\/www.commercialsearch.com\/news\/author\/tudor-scolca\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Northeast-Commons.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004343332","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\/1284"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004343332"}],"version-history":[{"count":7,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004343332\/revisions"}],"predecessor-version":[{"id":1004344622,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004343332\/revisions\/1004344622"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004343338"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004343332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004343332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004343332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}