Marcus & Millichap brokered the sale of 6901 Rolling Mill Road, a single-tenant manufacturing facility in Baltimore. The asset sold for $9.96 million.
“The property is leased to a subsidiary of a publicly traded company that has operated at the site for more than two decades,” said Merrey, senior managing director of investments in Marcus & Millichap’s Washington, D.C., office. “The property’s specialized features and long operating history made it particularly well suited to the tenant’s business.”
Merrey and John Faus of Marcus & Millichap exclusively marketed the property on behalf of the seller, a Maryland-based private investment company, and procured the buyer, a New York-based, institutionally backed investment fund…