Tradepoint Atlantic Signs Real Estate Deal with Atlantic Forest Products
Long-term land lease brings corporate headquarters, wholesale distribution of building products to Sparrows Point
BALTIMORE, MD (October XX, 2016) – Tradepoint Atlantic, a 3,100-acre multimodal industrial site in Baltimore, Maryland, that features an unmatched combination of access to deepwater berths, railroads and highways, today announced that Atlantic Forest Products, a wholesale distributor of building materials, has signed a long-term lease at Tradepoint Atlantic.
Supported by on-site access to several modes of transportation, including a deepwater port, a new purpose-built auto terminal, modern rail-loading facilities, and direct access to both CSX and Norfolk Southern railroads, Atlantic Forest Products will be leasing two storage buildings totaling 160,000-square-feet of covered space on 16 acres of land at Tradepoint Atlantic for staging of building products. In addition, the lease includes 6,500 square feet of office space for Atlantic Forest Products to locate its corporate headquarters to Sparrows Point.
“Atlantic Forest Products is excited to expand its footprint in Baltimore through bringing its existing operations to Sparrows Point to achieve greater scale and supply chain efficiency,” said John Chisholm, president of Atlantic Forest Products. “By consolidating our broad range of building products at Tradepoint Atlantic, we are afforded space as well as the benefit of on-site proximity to two major railways, a port, and an interstate highway for ease of transportation to support our strong East Coast brand presence.”
“We are excited to welcome Atlantic Forest Products, which has an impressive reputation in the lumber products industry, as the latest tenant to choose Tradepoint Atlantic as a place to grow and consolidate operations,” said Eric Gilbert, Executive Vice President of Tradepoint Atlantic. “Today’s announcement adds to the broad array of tenants we continue to attract to our site, further proof that Tradepoint Atlantic is the ideal location for supply chain optimization”.
JLL, a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate, serves as the exclusive broker for Tradepoint Atlantic. CBRE Group provided strategic advice for Atlantic Forest Products on the announced lease.
About Atlantic Forest Products
Atlantic Forest Products, founded in 1991, is a wholesale distributor of building materials with offices in Baltimore, MD., Ayer, MA., Syosset, NY., Tampa, FL., and Wilmington, NC.
About Tradepoint Atlantic
The 3,100-acre industrial site in Baltimore, Maryland, offers a gateway to markets around the United States and the world, featuring an unmatched combination of access to deep-water berths, rails and highways. Ground-breaking agreements signed with federal and state environmental regulators in 2014 to remediate the legacy from a century of steel-making enable the redevelopment of the site with the potential to become one of North America’s most strategic multi-modal, multi-commodity terminals.
For more information visit: www.tradepointatlantic.com
Atlantic Forest Products
John Chisholm, 410-752-8092
Sloane & Company (on behalf of Tradepoint Atlantic)
Whit Clay, 212-446-1864
Emma Post, 212-446-1878