In August of 2022, Emerald Creek Capital provided a $5,300,000 acquisition loan to a repeat borrower in Rosedale, MD. The loan is secured by a 5.95-acre industrial property improved by a 100% occupied multi-tenant warehouse building with 68,300 square feet of net rentable area. The building has 5,000 square feet of office space, 1 interior loading dock door, and 8 drive-in exterior doors. The subject property also includes 1.75 acres of leasable outdoor storage space. 10 miles east of Baltimore, Rosedale is a suburb with both residential and commercial appeal that is well-served by interstate highways, public transportation, and community amenities. The area has a prime location along Interstate 95 which also attracts corporate offices, warehouses, and distribution centers. The subject property is located right off I-95 and I-895, with proximity to other major highways, airports, and ports.
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