QT Exeter Acquires Industrial Property From TSI Corporation In Upper Marlboro For $14.5M

The transaction involves the sale of a 75,000-square-foot industrial warehouse situated at 8520 Pepco Place in Upper Marlboro, MD. The property was sold for $14,500,000, resulting in a price per square foot of $193.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $14,500,000
• Buyer: QT Exeter
• Seller: TSI Corporation
• Brokers: Dawes Milchling, Graham Savage, James Check & Jonathan Carpenter - Cushman & Wakefield
• Date of Sale: 07/10/2024

Cushman & Wakefield facilitated the transaction, arranging the sale of the property to QT Exeter. The brokers involved in the deal, including Dawes Milchling, Graham Savage, James Check, and Jonathan Carpenter, played a critical role in bringing together the buyer and seller for this industrial asset transaction.