MacKenzie Brokers Sale of 28,163 sf Industrial/Warehouse Building in Glen Burnie
521 Digiulian Boulevard is leased by Austin, Texas-based Architectural Surfaces and Houston, Texas-based ONE McDonough
MacKenzie Commercial Real Estate Services has executed the sale of 521 Digiulian Boulevard, a single-story building comprised of just over 28,000 square feet of industrial/warehouse space for $4.22 million. Matthew Curran, SIOR, Vice President as well as Daniel Hudak and Andrew Meeder, both SIOR, Senior Vice President and Principal, for MacKenzie represented the seller, 521 Digiulian Blvd. LLC. The buying entity, Graydan Properties, LLC, was self-represented.
Situated in the Glen Burnie section of Anne Arundel County, Maryland, the building is 75 percent leased by Architectural Surfaces, an Austin, Texas-based company that markets a range of nature stone, tile, porcelain and paver products that are used in both residential and commercial applications. The facility currently being utilized as a showroom, warehouse and sales office for the company that maintains locations in 19 states. Houston-based ONE McDonogh, a commercial contracting firm, leases the balance of the building.
Built in 1982 and renovated in 2021, the building is equipped with two dock-high loading doors and three drive-in grade-level doors and is situated on a 4.4-acre lot featuring free surface parking. 521 Digiulian Boulevard is situated within close proximity to MD Routes 100 and 176, as well as Interstate 97 and is directly south of BWI Airport. The Port of Baltimore is approximately 11 miles from the site.
“The new owner has acquired a well-maintained and strategically-located asset that is 100 percent occupied by two strong, creditworthy companies,” explained Matthew Curran of MacKenzie Commercial Real Estate Services. “The crane-served building is perfectly-suited to support the operations of primary tenant Architectural Surfaces, which extended their lease long-term to remain in the building. Industrial assets containing between 20,000 and 100,000 square feet of warehouse/industrial space in the BWI area remain in extremely high demand for both lease and purchase.”
MacKenzie Commercial Real Estate Services is the real estate brokerage arm of The MacKenzie Companies, which operates six full-service divisions addressing all real estate asset classes including MacKenzie Management Company, LLC, MacKenzie Contracting Company, LLC, MacKenzie Capital, LLC, MacKenzie Investment Group, LLC and MacKenzie Multifamily Management, LLC. The company provides customized real estate solutions for institutional owners, investors, private companies and individuals. For additional information, visit www.mackenziecommercial.com.
