Columbia, MD – February 15, 2017 – Liberty Property Trust today announced that it has leased 36,250 square feet of industrial space in Hanover, MD to Automotive Alliance.
Hanover Crossing at New Ridge Road is a two-building complex offering 243,500 square feet of class A industrial space, and with Automotive Alliance's tenancy, 7460 New Ridge Road is 92% occupied. The remaining first generation availability consisting of 20,000 square feet will contain 1,500 square feet of new office space and six loading dock doors.
Hanover Crossing at New Ridge Road is situated in close proximity to Route 100, MD Route 295 and Interstate I-95 and to the company's Highpoint 100 Commerce Center. Both buildings are LEED® Silver certified featuring concrete tilt-up design with 28'clear ceiling heights, 50' wide column spacing, ESFR sprinkler systems, T-5 lighting, rear dock high and drive-in loading and ample parking.
In the transaction, Paul Danko of Savills Studley represented the tenant and Ed Harris, John Boote, and John Wilhide of CBRE represented Liberty Property Trust.
About Liberty Property Trust
Liberty Property Trust (NYSE:LPT) is a leader in commercial real estate, serving customers in the United States and United Kingdom through the development, acquisition, ownership and management of superior office and industrial properties. Liberty's 99 million square foot portfolio includes more than 568 properties which provide office, distribution and light manufacturing facilities to 1,200 tenants.
General Inquiries: Todd Summerfield, Liberty Property Trust, 410.715.3333
Media Contact: Jen Meyer, a.s.a.p.r., 201.914.9957