Jessup Warehouse Sells For $11.5 Million To Class Produce Group

The Class Produce Group acquired the warehouse it occupies in Jessup for $11.5 million in late December.

The sale was announced Wednesday by Lee & Associates Maryland, the real estate firm that represented both the buyer and the seller in the deal.

The 135,000-square-foot building at 8441 Dorsey Run Road was owned by Terreno Realty Corp., a San Francisco-based real estate investment trust that acquired the asset in 2011 for $5.8 million.

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