





Logistics Pointe BWI
Westmount acquired this portfolio of three infill industrial properties in 2015. The asset is strategically located less than 3 miles from I-95, providing exceptional access to Baltimore, Washington, D.C. and the entire Eastern Seaboard via I-95.
Built in 1978 and redeveloped in 2009, all of the buildings are tilt-up construction, feature rear-loading docks, clear heights of 24’, 40’ x 40’ column spacing and large truck courts and aprons. At the time of acquisition, the occupancy rate was 39%. Westmount rebranded the property, formerly Candlewood Commerce Center, as Logistics Pointe BWI. We performed speculative tenant improvements in the distribution and business service buildings to enhance the project’s market appeal and fulfill near-term occupancy requirements.
7462 Candlewood Rd — Hanover, MD Sold
- Multi-tenant
- 161,698 total area SF, 10% office finish
- Constructed 2010, concrete tilt-up construction
- 18 dock doors, rear-load, 1 drive-in door, 25’ clear height
7466 Candlewood Rd — Hanover, MD Sold
- Multi-tenant
- 95,524 total area SF, 10% office finish
- Constructed 2010, concrete tilt-up construction
- 22 drive-in doors, 25’ clear height
7468 Candlewood Rd — Hanover, MD Sold
- Multi-tenant
- 100,478 total area SF, 10% office finish
- Constructed 2010, concrete tilt-up construction
- 20 drive-in doors, 25’ clear height
- 3
Number of Buildings
- 357k
Total Square Footage
- 10%
Average Office Finish
- 84%
Occupancy at Sale
More Information
Daniel Blough
Westmount Realty Capital, LLC
214-884-3719
dblough@westmountrc.com