Richard Schaupp & Brent Jenkins Of Clarion Partners Acquire Industrial Property In Baltimore For $85.5M

The property involved in the transaction is located at 1201 South Caton Avenue, Baltimore, MD. It is an industrial asset measuring 300,786 square feet and was sold for $85,500,000, which equates to a price per square foot of $284.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $85,500,000
• Buyer: Richard Schaupp & Brent Jenkins - Clarion Partners
• Seller: MRP Industrial
• Square Footage: 300,786
• Price Per Square Foot: $284

Richard Schaupp and Brent Jenkins represented Clarion Partners in the acquisition of the property. The seller, MRP Industrial, completed the sale, transferring ownership of the City Logistics industrial property in Baltimore.