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Firms sign full building lease in Jessup
//November 4, 2015
CGC Holdings Inc. and Capital Produce Co. have agreed to a full building lease with Manekin-backed MCA Assateague for 160,000 square feet in Jessup’s Baltimore Washington Logistics Center.
Groundbreaking for the state-of-the-art building at 7350 Assateague Drive is scheduled for Nov. 13. It will be the headquarters for the firms that will distribute seafood, produce and dairy in the Mid-Atlantic region, according to a news release. The building is expected to be complete in June 2016, and 250 people will be employed there.
“Total revenue and employment has expanded approximately 400 percent since moving into our current facility in 2004 and, to support continued growth and momentum, it was critical to identify a significantly larger facility,” Mark Moderacki, president of CGC Holdings said.
