{"id":1004500078,"date":"2020-12-17T06:27:22","date_gmt":"2020-12-17T14:27:22","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004500078"},"modified":"2020-12-17T06:27:22","modified_gmt":"2020-12-17T14:27:22","slug":"tj-maxx-inks-lease-for-baltimore-area-distribution-facility","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/tj-maxx-inks-lease-for-baltimore-area-distribution-facility\/","title":{"rendered":"TJ Maxx Inks Lease for Baltimore-Area Distribution Facility"},"content":{"rendered":"<div id=\"attachment_1004500210\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/12\/The-Mid-Atlantic-Commerce-Center-e1608210438518.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004500210\" data-attachment-id=\"1004500210\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/tj-maxx-inks-lease-for-baltimore-area-distribution-facility\/the-mid-atlantic-commerce-center\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/12\/The-Mid-Atlantic-Commerce-Center-e1608210438518.jpg\" data-orig-size=\"743,557\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Sergiu Inizian&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1608217569&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;0&quot;}\" data-image-title=\"The Mid-Atlantic Commerce Center\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;The Mid-Atlantic Commerce Center. Image via Google Street View&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/12\/The-Mid-Atlantic-Commerce-Center-e1608210438518.jpg?w=743\" class=\"wp-image-1004500210 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/12\/The-Mid-Atlantic-Commerce-Center-e1608210438518.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/12\/The-Mid-Atlantic-Commerce-Center-e1608210438518.jpg 743w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/12\/The-Mid-Atlantic-Commerce-Center-e1608210438518.jpg?resize=300,225 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004500210\" class=\"wp-caption-text\">The Mid-Atlantic Commerce Center. <em>Image via Google Maps<\/em><\/p><\/div>\n<p>TJ Maxx has signed a&nbsp;205,306-square-foot lease at&nbsp;The Mid-Atlantic Commerce Center, a 853,520-square-foot industrial property in&nbsp;Jessup, Md. The retailer is set to use the space as a distribution center. Newmark represented the landlord, Grandview Partners, and CBRE assisted the tenant.<\/p>\n<p>According to CommercialEdge data,&nbsp;Greenfield Partners acquired the asset this year, for $88 million. The landlord implemented several improvements, including an upgraded roof, new electrical system and a 123,000-square foot expansion. The site also features new trailer and employee parking. The property is 92 percent leased.<\/p>\n<p>Located at&nbsp;7600 Assateague Drive on 47 acres, the center is within 1 mile of Interstate 95.&nbsp;Baltimore\/Washington International Thurgood Marshall Airport is 10 miles from the facility.<\/p>\n<p>Newmark\u2019s team included Senior Managing Director&nbsp;Brian&nbsp;Kruger, Managing Director Bobby Clements and Associate&nbsp;Erik&nbsp;Evans. Recently, another Newmark team arranged the sale of&nbsp;a newly built, <a href=\"https:\/\/www.commercialsearch.com\/news\/ta-realty-buys-san-jose-warehouse-for-27m\/\">82,900-square-foot logistics property<\/a> in San Jose, Calif. Panattoni Development Co. sold the fully leased asset.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The industrial property last traded earlier this year, for $88 million. <\/p>\n","protected":false},"author":868,"featured_media":1004500210,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1579,21784,21743,21748,11,21742],"tags":[48848,32789,36007],"class_list":["post-1004500078","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-baltimore","category-brokerage","category-deals","category-industrial","category-midatlantic","category-latest","tag-brian-kruger","tag-cbre","tag-newmark-knight-frank"],"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>TJ Maxx Inks Lease for Baltimore-Area 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\/tj-maxx-inks-lease-for-baltimore-area-distribution-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TJ Maxx Inks Lease for Baltimore-Area Distribution Facility\" \/>\n<meta property=\"og:description\" content=\"The industrial property last traded earlier this year, for $88 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/tj-maxx-inks-lease-for-baltimore-area-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=\"2020-12-17T14:27:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/12\/The-Mid-Atlantic-Commerce-Center-e1608210438518.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"743\" \/>\n\t<meta property=\"og:image:height\" content=\"557\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sergiu Inizian\" \/>\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\/tj-maxx-inks-lease-for-baltimore-area-distribution-facility\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/tj-maxx-inks-lease-for-baltimore-area-distribution-facility\/\",\"name\":\"TJ Maxx Inks Lease for Baltimore-Area Distribution Facility - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/tj-maxx-inks-lease-for-baltimore-area-distribution-facility\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/tj-maxx-inks-lease-for-baltimore-area-distribution-facility\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/12\/The-Mid-Atlantic-Commerce-Center-e1608210438518.jpg\",\"datePublished\":\"2020-12-17T14:27:22+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/77efc8abfd11ea13ed9ee7a0e190eb2a\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/tj-maxx-inks-lease-for-baltimore-area-distribution-facility\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/tj-maxx-inks-lease-for-baltimore-area-distribution-facility\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/tj-maxx-inks-lease-for-baltimore-area-distribution-facility\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/12\/The-Mid-Atlantic-Commerce-Center-e1608210438518.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/12\/The-Mid-Atlantic-Commerce-Center-e1608210438518.jpg\",\"width\":743,\"height\":557,\"caption\":\"The Mid-Atlantic Commerce Center. 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