The property asset involved in the transaction is an industrial facility located at 6101 East Lombard Street, Baltimore, MD. It encompasses 30,253 square feet situated on 5.48 acres, and was sold for $5,700,000, achieving a price per square foot of $188.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $5,700,000
• Square Footage: 30,253
• Address: 6101 East Lombard Street
• Market: Baltimore, MD
• Acres: 5.48
• Seller: Pastore’s, Inc
• Buyer’s Representative: Scott Manhoff - Oxford Realty Advisor
• Seller’s Representatives: Daniel Hudak, Andrew Meeder, Matthew Curran & Alton Curry - MacKenzie Commercial Real Estate Services
• Price per Square Foot: $188

The buyer, Mid Atlantic Port Services, is planning to relocate operations from Fort Holabird Industrial Park to the newly acquired site, which signifies a strategic move in their operational footprint.