Faropoint Acquires Industrial Property In Columbia, Milford Mill & Nottingham, MD For $18.6M

An industrial property located at 9176 Red Branch Road; 7120-7132 Ambassador Road & 8361 Town Center Court in Columbia, Milford Mill & Nottingham, MD has been sold in a closed transaction. The property spans 160,000 square feet and was sold for a price of $18,600,000, resulting in a price per square foot of $116.

Summary of Transaction Details

• Property Type: Industrial
• Transaction Amount: $18,600,000
• Address: 9176 Red Branch Road; 7120-7132 Ambassador Road & 8361 Town Center Court, Columbia, Milford Mill & Nottingham, MD
• Market: Columbia, Milford Mill & Nottingham, MD

The buyer of the property is Faropoint, while the sellers include Feldman Bergin Properties & Fortified Property Group, High Street Logistics Properties, and Grander Capital Partners & SilverCap Partners.