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A JV led by an affiliate of Baltimore, MD-based MCB Real Estate, LLC, has initiated construction on Currwood Logistics Park in Hagerstown, MD. Additional partners include Invesco Real Estate, Curated Development Group and Birchwood Capital Partners.

Nearly 1,500 new jobs are expected to be created by the companies and end-users signing leases at the two-building, 195-acre business community at 217 S. Edgewood Drive near US Route 40 in Washington County.

Upon delivery in fall late 2023, the project will comprise approximately two million square feet of industrial/warehouse/logistics space. Both single-story buildings (one 1.7 million square feet and the other 300,000 square feet) are being developed simultaneously on a speculative basis.

The single-story concrete tilt-wall buildings will have 36- to 40-foot clear ceiling heights and are designed to achieve low operating costs through LED lighting, high-efficiency heating and ventilation systems, enhanced interior insulation and other energy-saving features. Both sites feature 185-foot truck courts.

Cushman & Wakefield is handling leasing.

Plug In Mcb Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.