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Firm chosen to handle sale of Sun Products’ facility

Cushman & Wakefield will handle the sale of the former The Sun Products Corp. manufacturing facility in Baltimore’s Canton Industrial Area.

The property includes 46.9 acres and 900,000 square feet of office, production and warehouse space.

“With its incredible access to the Port of Baltimore and [Interstate] 95, and its proximity to the impressive redevelopment efforts in the nearby Canton area, the opportunities for this unique piece of real estate are limitless,” Cris Abramson, executive director of Cushman & Wakefield’s Capital Markets team, said in a news release.

“While it is obvious that this site will get tremendous interest from industrial types of users and developers, we expect that it will generate unique redevelopment concepts. Our team is excited to work with Sun Products and to be involved with this iconic site.”

Kathryn Corbally, a spokeswoman for The Sun Products Corp., said it was still early in the process and that officials have not established a price yet for the property.

“[Cushman & Wakefield’s] knowledge of the area, the real estate, the market, potential interested users and developers will essentially determine the best price for us,” Corbally said.

The building is near the planned Amazon fulfillment center and is in an Enterprise Zone that allows for tax credits for real property and income tax credits for hiring economically disadvantage workers. The purchaser of the building would be eligible for an 80 percent tax credit on real property improvements for the first five years, which would be drawn down 10 percent a year until the credit reached 30 percent in the 10th and final year.

The purchaser would also be eligible to receive a one-time $1,000 income tax credit for each employee hired and a $6,000 tax credit over three years for each economically disadvantaged employee hired.

Earlier this year the Baltimore City Council approved and the mayor signed a resolution asking the state to make the area an Enterprise Zone Focus Area. The state approved the request earlier this month. A buyer would be eligible for an 80 percent tax credit on real property improvements for a decade, a one-time $1,500 tax credit for each employee hired and a $9,000 tax credit over three years for hiring an economically disadvantaged employee.

The Sun Products Corp., which manufactured detergents such as All, Snuggle and Wisk at the plant, announced its closure in February, and 300 employees were laid off. The previous year 50 employees were laid off at the plant.

The Connecticut-based company justified the closing because of “changing business needs” and said it was “not a reflection of the Baltimore community.” Production from the Baltimore plant was shifted to a facility in Bowling Green, Kentucky.

Corbally said the company finished manufacturing and operations at the site in June and that the building is vacant except for a few administrative employees.

Lever Bros. first operated the plant beginning in 1938 and The Sun Production Corp. took over operations in 2008.