Sagard Real Estate buys Baltimore-area distribution facility for $91 million

Sagard Real Estate, a Sagard SAS unit, acquired 7001 Quad Avenue, a 621,144-square-foot Class A distribution facility in Rosedale, Maryland.

• Deal value: $91 million.
• The property is fully leased to food and beverage distribution tenants, plus third-party logistics users.
• The cross-dock facility sits near Interstates 95, 695, and 895, about five miles from the Port of Baltimore terminals.