Marcus & Millichap Arranges $9.1 Million Sale Of Industrial Facility In Annapolis, MD

Annapolis, MD, witnessed the sale of an industrial asset, encompassing a fully leased facility located at 1812 Margaret Avenue & 1820 Margaret Avenue. The asset was acquired for $9,100,000, with a total square footage of 41,059, translating to a price per square foot of $222.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $9,100,000
• Square Footage: 41,059
• Address: 1812 Margaret Avenue & 1820 Margaret Avenue
• Market: Annapolis, MD
• Price Per Square Foot: $222

The transaction was facilitated by brokers John Faus and Bryn Merrey from Marcus & Millichap, who played a significant role in arranging the sale of the industrial facility.