The property asset involved in the transaction is a 21,000 sq. ft. warehouse located at 25 Thomas Avenue in Baltimore, MD, with a sale price of $3,700,000. The asset features a 2.5-acre industrial outdoor storage component and is situated in a market known for its industrial properties.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $3,700,000
• Address: 25 Thomas Avenue
• Market: Baltimore, MD
• Square Footage: 21,000
• Price Per Square Foot: $176
• Seller: Mid Atlantic Express, LLC
• Buyer's Representative: Luke Wilson - CBRE
• Seller's Representatives: Andrew Meeder, Daniel Hudak & Matthew Curran - MacKenzie Commercial Real Estate Services

MacKenzie Commercial Real Estate Services facilitated the sale, representing the seller while Luke Wilson from CBRE represented the buyer in this transaction. This deal underscores the active participation of key brokerage teams in the successful transfer of ownership for the property previously owned by Mid Atlantic Express, LLC.