Gold and Company assisted in the sale of the Cherry Hill Rd. site to National Construction
February 10, 2025
1400 Cherry Hill Rd., an industrial property in South Baltimore, recently sold to National Construction for $3.525 million. The 2.3-acre site has approximately 10,000 sq. ft. of maintenance space and offices.
National Construction will use the facility for parking and equipment storage, as well as for general warehouse and office use. The site, which was originally built for Dillon’s Bus Service around the 1970s, is paved and fenced in. Previous uses include transportation, bus companies, and contractors occupying the site.
Jim Chivers, senior vice president of Gold and Company, assisted in the transaction. This marks the third time Chivers has sold this property since 2019.
“With excellent access to major interstates, the property offers connectivity to surrounding counties and submarkets, making it an ideal location for National Construction’s operations,” said Chivers.
“This sale underscores the continued demand for well-located industrial sites in the Baltimore region,” added Chivers. “We are looking forward to seeing this site support the new owner’s growth.”
Gold and Company is a full-service and locally-owned commercial real estate brokerage firm headquartered in Mt. Washington in Baltimore City. Gold and Company provides brokerage and development services to buyers, sellers, landlords, and tenants in the Baltimore-metropolitan area. www.goldcommercial.net.