The industrial property located at 240 South Kresson Street in Baltimore, MD, has been sold for $3,950,000. The asset measures 10,000 square feet and has been transacted at a price per square foot of $395. This sale reflects the growing demand for industrial properties equipped with outdoor storage and modern maintenance facilities in the Baltimore market.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $3,950,000
• Square Footage: 10,000
• Address: 240 South Kresson Street
• Market: Baltimore, MD
• Price per Square Foot: $395
• Brokers: Jim Chivers & Will McCullough - Gold And Company

This transaction involved a long-term tenant, Apple Valley Waste, remaining in the property post-sale. Gold and Company managed the deal, highlighting the favorable conditions for industrial transactions in the region.