The former East Baltimore headquarters of Pastore’s Inc. has a new owner.
The 30,252-square-foot warehouse at 6101 E. Lombard St. has been purchased for $5.7 million by Mid Atlantic Port Services, a company that specializes in moving military, state department and commercial household good shipments and vehicles both domestically and globally.
The sale is a sign that the market is strong in Baltimore City for well-located industrial properties designed for a single occupant. The sale drew multiple offers.
The 5.48-acre Pastore’s property became available when the family-owned Italian wholesale distributor was acquired last year by Saval Foods LLC of Elkridge.
Pastore’s was founded in 1898 as a family grocery store on Lombard Street. At the time of the sale, it distributed more than 1000 food products, including peppers, spices, tomatoes, pizzas and frozen pasta items with the Sun of Italy label. Saval moved the company’s operations from the Lombard Street building and worked with MacKenzie Commercial Real Estate Services to identify a buyer.
The Lombard Street building has 18-foot-high ceilings, 15 dock doors and a drive-in door at grade. It’s less than one mile from Interstate 895; less than two miles from US Route 40 and Interstate 95; less than five miles from Seagirt Marine Terminal and approximately 14 miles from BWI Airport.
Mid Atlantic Port Services, founded in 1991, intends to relocate its operations later this year from a leased facility in the Fort Holabird Industrial Park.
MacKenzie Senior Vice Presidents and Principals Daniel Hudak, Andrew Meeder and Matthew Curran, together with Real Estate Advisor Alton Curry, represented Pastore’s. Scott Manhoff of Oxford Realty Advisors represented the buyer.
MacKenzie Commercial Real Estate Services is the real estate brokerage arm of The MacKenzie Companies, which has five full-service divisions. The others are: MacKenzie Management Company; MacKenzie Contracting Company; MacKenzie Capital and MacKenzie Investment Group.
“Our team fielded multiple offers for this highly-functional and strategically-located infill asset, and Mid Atlantic Port Services emerged as the ideal buyer based on its immediate availability and opportunity to grow its business with additional space and excess land,” said Hudak, in a statement. “Competition for single-occupancy buildings in the Baltimore industrial market, with direct access to major transportation networks, remains strong and the buyer aggressively pursued this opportunity.”
