The Silverman Group Acquires 50 Plus Building Industrial Portfolio Across Maryland And Virginia For $203M

The Silverman Group acquired a 50+ building small-bay industrial and flex warehouse portfolio located at 14100 & 14101 Parke Long Court, 13901-13943 Willard Road, 1057-1099 Taft St, 433-435 East Diamond Ave, 18775-77-79 Frederick Road, 9244 East Hampton Drive, 8616-8634 Edgeworth Drive, 8519-8521 Rainswood Drive, 615-619 Hampton Park Blvd, and 14714-14719, 14721 & 14723-25 Baltimore Ave. This off-market transaction occurred in the markets of Chantilly, VA; Rockville, Gaithersburg, Capitol Heights, Hyattsville, and Laurel, MD, with a total transaction value of $203,000,000. The portfolio encompasses a total of 1.4 million square feet and serves over 600 tenants.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $203,000,000
• Buyer: The Silverman Group
• Market: Chantilly, VA; Rockville, Gaithersburg, Capitol Heights, Hyattsville, Laurel, MD
• Brokerage Firm: Newmark
• Brokers: Ben McCarty, Cristopher Abramson & Nicholas Signor

The deal was brokered by Newmark, involving brokers Ben McCarty, Cristopher Abramson, and Nicholas Signor, facilitating the acquisition of a diverse industrial portfolio for The Silverman Group across various sites in Maryland and Virginia.