Real Estate
Giant Warehouse in Jessup Up for Sale
"Largest warehouse...in the state" is now on the market, says agent.
A major distribution hub in Jessup for supermarket chain Giant Food recently went on the market, according to Supermarket News.
Giant Food just put a large industrial building up for sale, reported Supermarket News, after its management shifted operations to Pennsylvania and shut down its dry goods facility on Assateague Drive.
The company closed the Jessup facility in June and relocated to a more technologically advanced space in Pennsylvania, according to The Baltimore Sun.
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The regional supermarket chain operates stores in Maryland, Pennsylvania, Virginia and West Virginia.
Moving to Pennsylvania will save Giant more than $13.5 million a year in non-labor costs, the Sun previously reported.
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The 720,384-square-foot industrial complex in Jessup that is now up for sale or lease is the “largest warehouse available today in the state,” according to commercial broker Cushman & Wakefield, which is representing the seller, reported the Baltimore Business Journal.
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