Ground Up

The Daily Record's real estate blog

Lee & Associates brokers $11.5 million warehouse sale

The Class Produce Group has purchased the warehouse building it’s currently occupying in Jessup for $11.5 million. San Francisco-based real estate investment trust Terreno Realty Corp. sold the asset that it acquired in 2011 for an 11.9 percent internal return on investment. Allan Riorda, president and principal of Lee & Associates' Maryland office, handled the sale ...

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