BALTIMORE – July 15, 2014 – Cushman & Wakefield of Maryland, Inc. is pleased to announce its appointment by The Sun Products Corporation for the disposition of its former manufacturing facility located at 5300 Holabird Avenue in Baltimore, MD. The property totals 46.9 acres of industrially zoned land and includes over 900,000 square feet of office, production and warehouse space.
Located with visibility from Interstate 95 and directly opposite two warehouse buildings under construction for Amazon totaling over 1.4 million square feet, the property represents a unique redevelopment opportunity for warehouse and distribution uses, or a potential corporate headquarters location, mixed-use or retail complex.
“With its incredible access to the Port of Baltimore and I-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,” said Cris Abramson, Executive Director of C&W’s Capital Markets team. “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.”
The plant, which was operated by Lever Brothers since 1938 prior to acquisition of the plant by Sun Products in 2008, was home to the manufacturing operations for classic brands such as Snuggle®, all®, Wisk® and Dove®.
In addition to Abramson, the Cushman & Wakefield disposition team includes Brian Kruger and Nick Signor of the Capital Markets team, and Michael Elardo and Jon Casella of the Industrial Brokerage team.
For more information on this assignment, please contact Cris Abramson at (410) 685-9879.
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Cushman & Wakefield advises and represents clients on all aspects of property occupancy and investment. Founded in 1917, it has 250 offices in 60 countries, employing more than 16,000 professionals. It offers a complete range of services to its occupier and investor clients for all property types, including leasing, sales and acquisitions, equity, debt and structured finance, corporate finance and investment banking, appraisal, consulting, corporate services, and property, facilities, project and risk management.