Cushman & Wakefield announced today that it closed the sale of 800 Commerce Drive in Upper Marlboro, MD on October 1, 2018.

The 131,000-square-foot industrial property is long term leased to Corporate Communications Group, the largest employee-owned marketing firm in the Mid-Atlantic. The purchaser was Cabot Industrial Value Fund V, a value-add fund of the Boston-based private equity real estate investment firm Cabot Properties, Inc.

“Investor demand for Prince George’s County industrial buildings remains at an all-time high,” said Jonathan M. Carpenter, Executive Director at Cushman & Wakefield Baltimore. “Investors want to own industrial assets in close proximity to the wealthy consumer populations of Washington DC and Baltimore.”

The property is well-located in the Washington D.C. industrial market just off MD-301 providing ideal access to the third-largest and most educated consumer population in the U.S.

Executive Managing Director Jonathan M. Carpenter and Senior Director Graham Savage of Cushman & Wakefield’s Baltimore office along with Managing Director Peter Rosan of Cushman & Wakefield’s Bethesda office represented the seller in the transaction.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value by putting ideas into action for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries. In 2017, the firm had revenue of $6.9 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter