Business & Tech

Two Industrial Buildings Coming to 17-Acre Site in Hanover

Company officials have said they do not yet know who the tenants will be.

Two new industrial buildings with a combined 243,500 square feet are expected to come to Hanover by the end of this year, according to the Baltimore Business Journal.

Liberty Property Trust, a real estate investment trust, is building the projects; company officials told the Journal they did not yet know who the tenants would be at the buildings, set to go up at 7460 and 7462 New Ridge Road. 

Company officials said in a press release they will break ground on the Class A industrial buildings this spring on the 17-acre site in Hanover.

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“Hanover Crossing will be one of the first new Class A industrial projects to be developed in the Baltimore/Washington Corridor in several years,” Lisa Sullivan, vice president and city manager for Liberty’s Maryland region, said in a release. “As the economy has shifted, there has been a flight-to-quality trend in the region and we believe this project will fill a void in the market with respect to quality, functionality and location relative to its close proximity to Baltimore and Washington via the I-95/I-195/MD Route 295 interchanges.”

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