Stockbridge Buys Maryland Industrial Property for $57M

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San Francisco-based Stockbridge acquired a 203,000-square-foot Class A industrial property in Upper Marlboro, Maryland, for $56.6 million. The price is close to what seller TA Realty paid for the facility nearly four years earlier.

Stockbridge has acquired a 203,000-square-foot industrial property in Maryland for $56.6 million, almost four years after seller TA Realty bought the facility for about the same price. The San Francisco-based investment management firm purchased the Class A building at 8511 Pepco Place in Upper Marlboro, Md., according to Cushman & Wakefield, which represented the seller. […]