7.7 ACRES
1000 Sherman Avenue, Hagerstown, MD
Industrial Lease — Outdoor Storage (IOS)
Recent Client Success
Matching a National Tenant with Industrial Outdoor Storage in Hagerstown
Challenge
Location was the biggest hurdle because Hagerstown is considered a tertiary market, with no major metro and none of the built-in demand you get along the I-95 corridor. Most businesses don't view this area as ideal and need help seeing the value.
Action
Instead of listing the property and waiting for the right tenant to find it, we proactively reached out to equipment users who needed yard, access, and acreage in this part of the state.
As Broker Joseph Friend put it:
"We work with the key players, both national and regional, we understand exactly what users are looking for and how to position properties like 1000 Sherman Avenue for success." — Joseph Friend, Friend Commercial Real Estate
And that's the key to landing IOS tenants.
Result
7.7 AC
Leased — Industrial Outdoor Storage
National
Construction Equipment Tenant
Pre-Market
Leased before it ever hit the market
7.7 +/- acres leased to a national construction equipment company before it hit the market. We matched the right tenant with the right site before the sign ever went up.
Every property is a right fit for someone. A tertiary market isn't a dead end.
You just need to understand the asset from every angle to match it with the specific needs of the right tenant.
