An industrial property located in Capitol Heights, Maryland has changed hands in a $14.1 million deal. Terreno Realty Corporation picked up the 135,000 sqf Hampton Overlook industrial property for just a little under $105 per sqf. The property consists of two industrial distribution buildings and one light industrial flex building containing approximately 135,000 sqf on 12.1 acres inside the Capital Beltway (I-95) at MD State Route 214. The property consists of 31 dock-high and 11 grade-level loading positions and was 81 percent leased to nine tenants at the time of the sale. Terreno Realty owns and operates industrial real estate in Los Angeles, Northern New Jersey/New York City, San Francisco, Seattle, Miami and Washington, D.C.
