{"id":1004396186,"date":"2020-02-28T03:41:05","date_gmt":"2020-02-28T11:41:05","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004396186"},"modified":"2025-02-27T21:47:11","modified_gmt":"2025-02-28T05:47:11","slug":"nkf-completes-baltimore-industrial-sale","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/nkf-completes-baltimore-industrial-sale\/","title":{"rendered":"NKF Completes Baltimore Industrial Sale"},"content":{"rendered":"<div id=\"attachment_1004396348\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/9017-Red-Branch-Road.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004396348\" data-attachment-id=\"1004396348\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/nkf-completes-baltimore-industrial-sale\/9017-red-branch-road\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/9017-Red-Branch-Road.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Jeffrey Hamann&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1582893122&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=\"9017 Red Branch Road\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;9017 Red Branch Road. &lt;i&gt;Image via Google Street View&lt;\/i&gt;&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/9017-Red-Branch-Road.jpg?w=800\" class=\"wp-image-1004396348 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/9017-Red-Branch-Road.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/9017-Red-Branch-Road.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/9017-Red-Branch-Road.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/9017-Red-Branch-Road.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004396348\" class=\"wp-caption-text\">9017 Red Branch Road. <i>Image via Google Street View<\/i><\/p><\/div>\n<p>Newmark Knight Frank has arranged the sale of 9017 Red Branch Road, a Class A industrial asset in Columbia, Md. Executive Managing Director Cris Abramson, Director Nicholas Signor and Associate Director Ben McCarty brokered the sale. An affiliate of May Riegler Properties purchased the property from Grebow Investments for $4.3 million.<\/p>\n<p>In November, the same team represented Greenfield Partners in its disposition of&nbsp;a 98,640-square-foot <a href=\"https:\/\/www.commercialsearch.com\/news\/merritt-properties-acquires-baltimore-area-office-asset\/\">office building in Hunt Valley<\/a>, Md. The buyer intends to begin major capital improvements at the property.<\/p>\n<p>May Riegler has selected the brokerage&#8217;s Brian Kruger&nbsp;and Erik Evans to oversee leasing efforts at the industrial property, which was 28 percent leased at the time of the sale. According to NKF, the building&#8217;s submarket has a vacancy rate higher than 95 percent.<\/p>\n<p>Located along the Baltimore-Washington Corridor, the 57,272-square-foot property is within 1 mile of State Route 100 and 5 miles of Interstate 95. Baltimore\/Washington International Thurgood Marshall Airport is 12 miles from the asset.<\/p>\n<p><em>If you\u2019d like to be featured in Brokers\u2019 Corner, simply fill in&nbsp;<strong><a tabindex=\"-1\" title=\"https:\/\/www.surveymonkey.com\/r\/brokerscorner\" href=\"https:\/\/www.surveymonkey.com\/r\/BrokersCorner\" target=\"_blank\" rel=\"noreferrer noopener\">our short form<\/a><\/strong>&nbsp;or send your deal to&nbsp;<a tabindex=\"-1\" title=\"mailto:deals@cpe-mhn.com\" href=\"mailto:deals@cpe-mhn.com\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>deals@cpe-mhn.com<\/strong><\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Executive Managing Director Cris Abramson, Director Nicholas Signor and Associate Director Ben McCarty brokered the transaction.<\/p>\n","protected":false},"author":868,"featured_media":1004365520,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1579,21743,21748,21783,11,21742],"tags":[48848,48851,36007,48845],"class_list":["post-1004396186","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-baltimore","category-deals","category-industrial","category-investment","category-midatlantic","category-latest","tag-brian-kruger","tag-cristopher-abramson","tag-newmark-knight-frank","tag-nicholas-signor"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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