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News release

BALTIMORE, MD

US Lumber Takes 258,000 SF at 1805 Fashion Court in Joppa, MD

JLL facilitates large, long term industrial lease in greater Baltimore region


BALTIMORE, Feb. 3, 2016 — JLL announced today that US Lumber has signed a long term lease for 258,000 square feet at 1805 Fashion Court in Joppa, Md. The warehouse building is owned by affiliates of Baltimore based MCB Real Estate and One Liberty Properties (NYSE:OLP). 

Formerly occupied by Proctor and Gamble, the property is strategically located in the I-95 North corridor with close proximity to the Port of Baltimore, Aberdeen Proving Ground and the entire Baltimore region. 

“This property, while being extremely well maintained, is unique in that it has extra land available for outside storage which the tenant required for their operation” said Benjamin Meisels, Senior Vice President, JLL.

US Lumber, which has outgrown its current facility in Aberdeen, is set to take occupancy at the end of the Q1 2016 after improvements on the property are completed.

Benjamin Meisels of JLL represented the building owner, MCB Real Estate and One Liberty Properties. US Lumber was represented by Scott Skogmo of Chesapeake Real Estate Group.
 
About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $4.7 billion and gross revenue of $5.4 billion, JLL has more than 230 corporate offices, operates in 80 countries and has a global workforce of approximately 58,000.  On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.4 billion square feet, or 316 million square meters, and completed $118 billion in sales, acquisitions and finance transactions in 2014. Its investment management business, LaSalle Investment Management, has $57.2 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.