Alta Properties LLC is a real estate developer and investor that focuses on value-added real estate.

Wakefield Business Park

Wakefield Business Park

Millersville, MD

Investment Partners
Alta Grander LLC

Project Type
Industrial Flex

Acquisition Date
2019

Project Overview

The portfolio comprises three industrial/flex buildings (1512-1516 Jabez Run Road) totaling 41,704 square feet that are situated conveniently near the interchange of 1-97 and Route 32. The property is positioned for quick access to key locations including Fort Meade, BWI Airport, Annapolis and downtown Baltimore. Located along Anne Arundel County’s major thoroughfare, I-97, the property offers prominent exposure and branding opportunities with visibility to approximately 250,000 vehicles daily.

Our strategy is to take advantage of the low vacancy rate and robust demand for industrial real estate in Anne Arundel County. Businesses continue to invest in the area due to the region’s function as a multi-modal hub, while the proximity to the Port of Baltimore and BWI-Thurgood Marshall Airport allows companies to connect to global markets. Anne Arundel County is in the heart of the nation’s fourth largest market, the Baltimore-Washington, D.C. corridor and access to these population centers make it a desirable location as a last-mile fulfillment center.

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