Tom Steyer's Galvanize Real Estate Acquires Industrial Portfolio In Maryland For $112M From Link Logistics

9045 Junction Drive, 8335 8373 Ardwick Ardmore Road, 8375 8413 Ardwick Ardmore Road & 6500 Sheriff Road

$112,000,000

Building Size

—

Asset Type

Industrial

Closing

Jul 28, 2025

AI

The transaction involves a five-property industrial portfolio located at 6940 San Tomas Road, 9045 Junction Drive, 8335-8373 Ardwick Ardmore Road, 8375-8413 Ardwick Ardmore Road, and 6500 Sheriff Road in the markets of Elkridge, Annapolis Junction, Hyattsville, and Landover, MD. The sale price of the portfolio is $112,000,000, encompassing a total square footage of 683,000 square feet.

Summary of transaction details:

Property Type: Industrial
Transaction Amount: $112,000,000
Buyer: Tom Steyer - Galvanize Real Estate
Seller: Link Logistics
Broker Representation: Robert Cashman & Jonathan Beard - CBRE

This acquisition marks Tom Steyer's Galvanize Real Estate's fourth deal and second within the state of Maryland. The firm plans to implement solar installations and reduce emissions by nearly 35,000 metric tons over a period of 30 years as part of its mission to decarbonize assets.

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