BALTIMORE – Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that Terreno Realty Corporation has selected the firm as Exclusive Leasing Agent and Property Manager for their newly acquired Route 100 Distribution Center. The Center is located at 6660 Santa Barbara Road and 6675 Amberton Drive in Elkridge, Maryland and is comprised of two industrial distribution buildings totaling 348,610 square feet. Jarred Testa and Tilghman Herring, of Cassidy Turley’s Baltimore Core Industrial Leasing Team, will act as leasing agents.
“Route 100 Distribution Center represents an excellent opportunity for tenants to establish their presence at this ‘main and main’ location in the heart of the Baltimore Washington Corridor,” commented Jarred Testa, Senior Vice President/Principal at Cassidy Turley. “Along with its location, the Center’s functionality and door to floor ratio will be the major drivers for these assets. We’re thrilled to work with Terreno on this assignment, and look forward to creating value for our client through the successful lease up of this 37% vacant project.”
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,800 professionals in more than 60 offices nationwide. The company represents a wide range of clients — from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $22 billion in 2012, manages approximately 400 million square feet on behalf of institutional, corporate and private clients and supports more than 23,000 domestic corporate services locations. Cassidy Turley serves owners, investors and tenants with a full spectrum of integrated commercial real estate services — including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. Cassidy Turley enhances its global service delivery outside North America through a partnership with GVA, giving clients access to commercial real estate professionals in 65 international markets. Please visit www.cassidyturley.com for more information about Cassidy Turley.
Terreno Realty Corporation (NYSE: TRNO), a San Francisco-based public real estate investment trust acquires, owns and operates industrial real estate in six major coastal U.S. markets: Los Angeles; Northern New Jersey/New York City; San Francisco Bay Area; Seattle; Miami; and Washington, D.C./Baltimore. As of December 31, 2012, Terreno owned 67 buildings aggregating approximately 5.1 million square feet.