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CBRE Investment Management Completes Latest High-Priced Industrial Deal in Baltimore

Firm Closes on Mid-Atlantic Distribution Hub Home to Bob's Discount Furniture
Bob's Discount Furniture has used 511 Chelsea Road in Aberdeen, Maryland, as a distribution hub since 2010. (CoStar)
Bob's Discount Furniture has used 511 Chelsea Road in Aberdeen, Maryland, as a distribution hub since 2010. (CoStar)
By CoStar News Staff
March 14, 2022 | 10:58 P.M.

A fund sponsored by CBRE Investment Management paid nearly $100 million for a bulk distribution center in suburban Baltimore that connects a stretch of prominent industrial buildings the company now owns in Aberdeen.

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News | CBRE Investment Management Completes Latest High-Priced Industrial Deal in Baltimore