Defense contractor buying Elkridge distribution center (access required)

Posted: 7:13 pm Tue, November 17, 2009
By Robbie Whelan

Virginia-based defense contractor Intelligent Decisions Inc. has paid $4.4 million for Crossroads Distribution Center in Elkridge, a large industrial property space in the Baltimore-Washington corridor. Seller Washington Real Estate Investment Trust said in a statement that it had gained $1.6 million on the sale in addition to an 11.3 percent rate of return on the property ...

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