Alterra Property Group Acquires Industrial Property In Baltimore For $4.5M

An industrial property located at 4221 Shannon Drive in Baltimore, MD has been sold in a closed transaction. The property spans 10,000 square feet and is situated on 4.7 acres of land. The sale price for this asset was $4,524,666, with a price per square foot of $452 and a price per acre of $962,695. The transaction took place on 11/06/2023.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $4,524,666
• Square Footage: 10,000
• Price per Square Foot: $452
• Acres: 4.7
• Price per Acre: $962,695
• Address: 4221 Shannon Drive, Baltimore, MD
• Market: Baltimore, MD

The buyer in this transaction was Alterra Property Group, represented by Joseph Kassin and Steven Pollan from KSR.