Holliday Fenoglio Fowler, L.P. (HFF) announces a $56.325 million refinancing for the Baltimore Washington Logistics Center, a two-building, Class A industrial complex totaling 1,013,728 square feet in Jessup, Maryland.

The HFF team worked on behalf of the borrower, a joint venture between AEW Capital Management, L.P. and Columbia-based Manekin, LLC, to secure the loan through Citizens Bank.

The Baltimore Washington Logistics Center is located at 7600 and 7540 Assateague Drive in the heart of the Baltimore-Washington Corridor. This location has excellent access to U.S. Route 1, U.S. Interstate 95 and the Baltimore Washington Parkway (Route 295), three of the Mid-Atlantic region’s primary thoroughfares. Additionally, the property is not far from BWI Thurgood Marshall Airport and the Port of Baltimore. 7600 Assateague Drive is vacant warehouse/distribution building totaling 853,503 square feet. Building II (7540 Assateague Drive) is a 160,255-square-foot, refrigerated warehouse/distribution building that is fully leased to G Cefalu & Bro, a leading food service distributor of produce and seafood in the Mid-Atlantic region.

The HFF debt placement team representing the borrower included senior director Daniel McIntyre, senior managing director Fred Wittmann and managing director Greg LaBine.

About AEW Capital Management, L.P.

Founded in 1981, AEW Capital Management, L.P. (AEW) provides real estate investment management services to investors worldwide. One of the world’s leading real estate investment advisors, AEW and its affiliates manage approximately $73 billion of property and securities in North America, Europe and Asia (as of June 30, 2018). Grounded in research and experienced in the complexities of the real estate and capital markets, AEW actively manages portfolios in both the public and private property markets and across the risk/return spectrum. AEW and its affiliates have offices in Boston, Los Angeles, London, Paris, Düsseldorf, Hong Kong, Singapore and Sydney, as well as additional offices in eight European cities. For more information, please visit aew.com.

About Manekin LLC
Manekin LLC, headquartered in Columbia, Maryland, is a privately held real estate investment management and operating company, whose goal is to create significant value for investors through a combination of capital appreciation, strategic acquisition, development, capitalization, repositioning, and management of commercial real estate assets. Visit manekin.com for more information.

About HFF

HFF and its affiliates operate out of 26 offices and are a leading provider of commercial real estate and capital markets services to the global commercial real estate industry. HFF, together with its affiliates, offers clients a fully integrated capital markets platform, including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF Securities Limited are owned by HFF, Inc. (NYSE: HF). For more information, please visit hfflp.com or follow HFF on Twitter @HFF.