The Department of Homeland Security bought a more than 825,000-square-foot warehouse in Hagerstown last week to possibly serve as a detention facility for ICE that could hold as many as 1,500 beds for detained immigrants.
The deed, signed Jan. 22, shows the property was purchased from FRND-Hopewell, LLC for $102.4 million.
FRND-Hopewell is a holding company with the same address as RSE Capital, an investment firm started by Fundrise, a real estate investment crowdsourcing app.
