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Provender Partners Announces Sale of Maryland Distribution Center
Premier Refrigerated Real Estate Investor in the U.S. Sells Distribution Center After Securing 7-Year Lease With Fortune 500 Company Provender Partners today announced the sale of a freestanding food distribution center for $62 million to Scout Capital Partners. Provender Partners purchased the 363,872 SF tri-temperature food distribution facility located at 8024 Telegraph Road, Severn, Maryland in December 2017. After investing several million in improvements and renovations, Provender secured a seven-year lease with Nash Finch Company in October 2020. Bruce Strasburg, David Dannenfelser and Craig Childs of Jones Lang LaSalle and Chris Cummings of Colliers International represented Provender Partners […]