XPO Logistics has signed a new lease with Chesapeake Real Estate Group and their financial partner USAA Real Estate Company for a full-building at the Perryman Logistics Center. Located at 610 Chelsea Road along the primary distribution hub of Harford County, Maryland, the 571,000 sqf building sits on a 48.4 acre site near MD Route 159. The Class “A” industrial building features 36 foot clear ceiling heights and 120 loading docks in a cross dock configuration.
Headquartered in Greenwich, Connecticut, XPO Logistics provides services for truckload brokerage and transportation, last mile logistics, high-value-added warehousing and distribution, and other specialized logistics and transportation services. The company operates more than 1,440 locations in 34 countries and employs more than 88,000 workers. With the addition of this new facility the company anticipates creating several hundred new jobs . Bill Pellington, Toby Mink and Jon Casella of CBRE represented Chesapeake Real Estate Group in the transaction.
“Over the past several weeks, the leadership of Harford County played an integral role in bringing this transaction to its successful conclusion and were important drivers of this deal,” explained Matt Laraway, SIOR, Partner at Chesapeake Real Estate Group. “We cannot overstate the essential roles played by County Executive Glassman, the Harford County Economic Development team and other county departments throughout this fast-tracked process. The continued existence of a highly-skilled labor market in Harford County was another important key.”
