{"id":1004472718,"date":"2020-08-21T04:28:28","date_gmt":"2020-08-21T12:28:28","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004472718"},"modified":"2021-05-10T02:05:17","modified_gmt":"2021-05-10T10:05:17","slug":"atapco-buys-suburban-maryland-warehouse-for-10m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/atapco-buys-suburban-maryland-warehouse-for-10m\/","title":{"rendered":"Atapco Buys Suburban Maryland Warehouse for $10M"},"content":{"rendered":"<div id=\"attachment_1004472724\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/2300-Craftsman-Circle-e1598008491603.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004472724\" data-attachment-id=\"1004472724\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/atapco-buys-suburban-maryland-warehouse-for-10m\/2300-craftsman-circle\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/2300-Craftsman-Circle-e1598008491603.jpg\" data-orig-size=\"1000,750\" 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=\"2300 Craftsman Circle\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;2300 Craftsman Circle&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/2300-Craftsman-Circle-e1598008491603.jpg?w=1000\" class=\"wp-image-1004472724 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/2300-Craftsman-Circle-e1598008491603.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/2300-Craftsman-Circle-e1598008491603.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/2300-Craftsman-Circle-e1598008491603.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/2300-Craftsman-Circle-e1598008491603.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004472724\" class=\"wp-caption-text\">2300 Craftsman Circle<\/p><\/div>\n<p>Atapco Properties has acquired a 186,829-square-foot industrial asset in Prince George&#8217;s County, Md., as part of a short-term, partial sale-leaseback transaction from a local private investor. Public records show the property traded for $10 million, and Old Dominion National Bank provided the new owner with a $7.5 million loan.<\/p>\n<p>Located at 2300 Craftsman Circle in Hyattsville, the property is part of Kenilworth Interchange Industrial Park, 1 mile from the intersection of Baltimore-Washington Parkway and U.S. Route 50. The facility is some 10 miles from downtown Washington, D.C. Situated on a 13.9-acre site, the building has 11 loading docks, 12 drive-in doors, 235 parking spots and clear heights ranging from 16 to 28 feet, as well as some 32,000 square feet of office space on the first floor and 11,790 square feet on the second.<\/p>\n<p>In May last year, Atapco Properties partnered with Chesapeake Real Estate Group to develop a <a href=\"https:\/\/www.commercialsearch.com\/news\/work-starts-on-750-ksf-logistics-center-near-baltimore\/\">750,000-square-foot industrial project<\/a> near Baltimore. The logistics center&#8217;s site, adjacent to Interstate 95, was previously zoned for a 100-store outlet mall. &nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The new owner received a $7.5 million loan for the acquisition of the 186,829-square-foot property.<\/p>\n","protected":false},"author":748,"featured_media":1004472724,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,21783,11,21742,1615],"tags":[33908,36315],"class_list":["post-1004472718","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-investment","category-midatlantic","category-latest","category-washington-dc","tag-atapco-properties","tag-sale-leaseback"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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