Pine Pep Properties Acquires Industrial Building In Lutherville Timonium For $2.3M

The transaction involved the sale of an industrial asset located at 2001 Greenspring Drive in Lutherville Timonium, MD. The property, occupying 12,170 square feet, was transacted at a price of $2,300,000, equating to a price per square foot of $189.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $2,300,000
• Address: 2001 Greenspring Drive
• Market: Lutherville Timonium, MD
• Square Footage: 12,170
• Price per Square Foot: $189
• Buyer: Pine Pep Properties, LLC
• Seller: 2001-2003 Greenspring Dr, LLC
• Brokers: Patrick Smith, Nick Maggio & Michael Ruocco - MacKenzie Commercial Real Estate Services; David Fritz - KLNB

Pine Pep Properties acquired the property from 2001-2003 Greenspring Dr, LLC, with representation in the transaction provided by MacKenzie Commercial Real Estate Services for the seller and KLNB for the buyer.