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by CareyBot

BPG Properties Ltd. on Thursday announced the sale of the 316,524-square-foot Harford Distribution Center in Belcamp, Md. The value of the transaction was not disclosed. First Industrial Realty Trust's Net Lease Co-Investment Program purchased the warehouse facility, which is located within the established Riverside Business Park at 4622 Mercedes Drive. The 15-acre property was constructed in 1996 and features 28-foot to 30-foot clear ceiling heights and 60 cross-docked bay doors. An affiliate of BPG acquired the property in April 2003 on behalf of BPG Investment Partnership VI L.P. In the fourth quarter of 2005, BPG executed a long-term lease expansion with Sephora USA Inc. for 100 percent of the space at Harford Distribution Center. Sephora is a division of Moet Hennessey Louis Vui...