Preston Partners, Inc. Selected by PREI to Handle Leasing for Troy Hill
March 9, 2007
Baltimore -- March 9, 2007 -- Preston Partners, Inc., is pleased to announce its selection by Prudential Real Estate Investors (PREI®) on behalf of investors in its core open-end commingled fund to handle the marketing assignment for the Troy Hill Commerce Center, a 1.2 million industrial portfolio located in Elkridge, Maryland.
The Troy Hill Commerce Center is a Class A warehouse and distribution complex which is home to facilities for United Stationers, Ferguson/Lyon, Conklin & Company Home Depot Supply, and Northrop Grumman Corporation. The project is presently 2% vacant with a 24,000 square foot availability.
E. Hayes Merkert, SIOR, Michael A. Elardo, SIOR, Robert S. Clements, SIOR, and Brian Kruger will be handling the assignment on behalf of Preston Partners, Inc.