Aug
10
Terreno Nabs Industrial/Flex Portfolio in DC Area
ByThe three buildings in Capitol Heights total approximately 135,000 square feet.
Hampton Overlook, Capitol Heights, Md.
Washington—Terreno Realty Corp. recently announced the acquisition of Hampton Overlook, an industrial/flex property situated in Washington D.C.’s Capitol Heights area, close to the eastern Capital Beltway. The San Francisco-based firm shelled out approximately $14.1 million for the 135,000-square-foot, three-building asset.
Sitting on 12.1 acres at 9150-9250 Hampton Overlook in Capitol Heights, Md., the property was completed in 1990 and comprises two industrial distribution buildings and one light industrial flex building. Featuring 42 loading positions, Hampton Overlook is 81 percent occupied by nine tenants…
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