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727 Old Philadelphia Road
SOLD

Taylor Chess's Peterson Cos Acquires Aberdeen Logistics Center In Aberdeen, MD For $51.3M

727 Old Philadelphia Road

Industrial
500,400 SF
clock iconSold 148 days ago
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Summary

Sale
MARYLAND
Industrial
500,400 sqft

Peterson Cos., the developer of National Harbor, has made its inaugural entry into Harford County with the acquisition of the Aberdeen Logistics Center, a 500,400-square-foot industrial warehouse, located at 727 Old Philadelphia Road in Aberdeen, MD. The property was sold for a total of $51.3 million, resulting in a price per square foot of $103.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $51,300,000
  • Address: 727 Old Philadelphia Road, Aberdeen, MD
  • Market: Aberdeen, MD
  • Acres: 43

The buyer, Taylor Chess, representing Peterson Cos., saw the potential in the Aberdeen Logistics Center and decided to expand their presence in Harford County. On the other hand, the seller, John E. Schlifske, represented Northwestern Mutual Life in this deal.

Details

Deal Summary
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SOLD
IMAGE: Taylor Chess & John E. Schlifske DATE: 12/14/2023 ADDRESS: 727 Old Philadelphia Road MARKET: Aberdeen, MD ASSET TYPE: Industrial ~ ACRES: 43 BUYER: Taylor Chess - Peterson Cos SELLER: John E. Schlifske - Northwestern Mutual Life SALE PRICE: $51,300,000 SF: 500,400 ~ PPSF: $103 NOTE: Peterson Cos., the developer of National Harbor, has made its inaugural entry into Harford County with the acquisition of the Aberdeen Logistics Center, a 500,400-square-foot industrial warehouse, for $51.3 million.

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Address727 Old Philadelphia Road

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