BALTIMORE – Cushman & Wakefield, a global leader in commercial real estate services, announced today the recent completion of a 75,000-square-foot lease renewal for the entire light distribution building located at 8301 Sherwick Court in Baltimore Washington Industrial Park.
The tenant, Packaging Corporation of America, is an Illinois-based manufacturing company. It is the fourth largest producer of containerboard and the third largest producer of white paper in North America. Cushman & Wakefield’s Tilghman Herring, Jarred Testa and Michael Walsh represented Prologis in this transaction.
In October 2014, Cushman & Wakefield was retained by Prologis to serve as the exclusive leasing agent for Prologis’ Baltimore Washington Industrial Park (BWIP) portfolio in Jessup, MD. The multi-tenanted portfolio consists of eight office-warehouse buildings totaling 828,000 square feet. In partnership, Cushman & Wakefield and Prologis have completed leases totaling more than 200,000 square feet at BWIP, and the last remaining vacant space in the portfolio is located at 8230 Sandy Court.
“The remaining 88,000 square feet features 24-foot clear heights and an ESFR sprinkler system,” said Tilghman Herring, Associate Vice President at Cushman & Wakefield. “We expect great interest from prospective tenants seeking a functional building at this ‘main and main’ location.”
+1 410 347 7814