Gelfund Real Estate Opportunities Acquires Property From Promark Properties For $40.2M In Glen Burnie

The property asset involved in this transaction is located at 201 Crain Hwy N, Glen Burnie, MD. The transaction concluded with a price of $40,200,000. The total square footage is reported as 0, indicating that this deal may have involved land rather than a physical structure. The market associated with this transaction is Glen Burnie.

Summary of transaction details:

• Property Type: Sale
• Transaction Amount: $40,200,000.00
• Address: 201 Crain Hwy N, Glen Burnie, MD
• Market: Glen Burnie
• Buyer: Gelfund Real Estate Opportunities
• Seller: Promark Properties
• Buyer’s Representative: Justin Shay - Transwestern
• Brokers: Dean Sigmon - Transwestern

This transaction showcases the involvement of Gelfund Real Estate Opportunities as the buyer and Promark Properties as the seller, highlighting the role of brokers in facilitating the deal, specifically Justin Shay and Dean Sigmon, both from Transwestern.