citybizlist - June 30, 2006
Fila USA, acting as Brandon One Real Estate LLC, sold 7630 Gambrills Cove Road to First Industrial Realty, care of FR Net Lease Co-Invest Pro 6 LLC, for $26 million, or approximately $68 per square foot. Fila USA purchased the building in 1999 and is leasing back the property for the next 15 years.
The 384,068-square-foot industrial building was constructed in 1997 and features 33 loading docks and two drive-in bays. Located in the Brandon Woods Business Park, the property is one of the largest small-parcel distribution facilities in the Mid-Atlantic.
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