January 10, 2020 Comments Off on JLL Brokers $9M Sale of Maryland Flex Facility Views: 515 Baltimore, Washington, D.C. News

JLL Brokers $9M Sale of Maryland Flex Facility

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JLL has arranged the $9.2 million sale of 25 Loveton Circle in Sparks, MD. The facility serves as the current headquarters for Fidelity Building Services Group, a 75-year old integrated building services engineering firm.

The single-story property features 80% office and 20% warehouse space, including an 1,800-square-foot auto shop to service the company’s fleet of service vans. Located within the Loveton Business Park, the property is approximately 21 miles north of Baltimore.

Jay Wellschlager, Andrew Finkelstein, Elizabeth Runge, Tivon Moffitt and Peter Bauman of JLL represented the seller, Fidelity Building Services Group, in the transaction. The buyer was not disclosed.

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