TCC Delivers Phase 1 of 2.1M-SF Industrial Project in Maryland and Signs Full-Building Lease
Conair has Executed a Lease for both Phases of Mid-Atlantic Crossroads for East Coast Operations
October 17, 2023
Trammell Crow Company (TCC), a global real estate developer, and JV Partner Diamond Realty Investments (DRI) has completed Phase I and broken ground on Phase II of Mid-Atlantic Crossroads, a 2.1-million-suqare-foot industrial development in Hagerstown, Maryland. Phase I consists of 1,234,457-square-foot of warehouse situated on 88 acres and Phase II, located on an additional 46 acres of land, will span 909,658 square feet. Phase II is scheduled to be completed in April of 2024. Together, the two phases will total 2,144,115 square feet of contiguous warehouse space, making it the largest single distribution center in the State of Maryland.
TCC and DRI executed a lease with Conair – a leading manufacturer and distributor of personal care, health, and beauty grooming tools, as well as cookware and kitchen electrics – for the combined building. With the operations at Mid-Atlantic Crossroads, Conair will create approximately 700 new full-time jobs in Maryland over the next 10 years.
The industrial development, located at 10440 Downsville Pike and 17250 Sterling Road, will feature Class A attributes such as 50’x56’ column spacing, 40’ clear height, 185’ truck courts, multiple drive-in doors, and cross-dock loading functionality. Upon delivery, the site will also include natural amenities such as a pollinator meadow, a seven-acre forestation area, micropool, and a bluebird habitat.
“We identified Mid-Atlantic Crossroads in Hagerstown for its logistically advantageous location at the intersection of I-81 and I-70, which allows it to efficiently service the Baltimore and Washington, DC markets, but also reach the entire eastern seaboard within a day’s drive,” shared Chris Rodriguez, Principal of TCC’s MidAtlantic Industrial platform. “As we continue to see industrial tenant requirements grow in size, the sites capability to provide a contiguous 2.1-million-square-foot facility on a single site was intriguing, and ultimately it was that capability that drew Conair to this location.”
MGMA is acting as the project’s architect of record. Other project partners include Conewago Enterprises, as the general contractor, and FSA as the civil engineer. Cushman and Wakefield represented TCC and DRI in leasing the project.
MidAtlantic Crossroads is TCC and DRI’s second industrial facility developed in Washington County. The team previously delivered Vista, a 1.2-million-square-foot industrial facility in 2020.
Trammell Crow Company
Trammell Crow Company (TCC) is a global commercial real estate developer and wholly-owned subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas. Founded in 1948, TCC has developed or acquired nearly 2,900 buildings valued at $75 billion and over 655 million square feet. As of September 30, 2023, TCC had $15.4 billion of projects in process and $14.5 billion in its pipeline. It employs 650 professionals in 28 major cities throughout the United States and Europe. The company serves users of and investors in office, industrial/logistics, healthcare, life sciences and mixed-use projects, as well as multi-family residential through its operating subsidiary High Street Residential. For more information visit www.TrammellCrow.com.