BELTSVILLE, Md. — Adler Real Estate Partners has secured $37 million in acquisition financing for its purchase of Ammendale Technology Park, a 275,270-square-foot light industrial portfolio in Beltsville, JLL Capital Markets announced Oct. 22. JLL worked for Adler, a Miami-based firm that buys multi-tenant light industrial properties, to arrange the bank financing. The release does not name the seller, the lender or the purchase price.
The six buildings, on Baltimore Avenue and Indian Creek Court, were built in 1985 and 1986 on a 31-acre site within five minutes of Interstates 95 and 495. The portfolio is 96% leased to 24 tenants in technology, distribution, light manufacturing and services, none of them named. The purchase is an investment transaction. The release does not describe new jobs or company spending at the site.
ON THE RADAR: DEAL
Buyer: Adler Real Estate Partners
Seller: Not named
Tenants: 24, not named
Property: Ammendale Technology Park, 11800-11900 Baltimore Ave. and 12104-12240 Indian Creek Court, Beltsville, Md.; 275,270 sq ft in six buildings on 31 acres
Price: Not disclosed ($37 million acquisition financing)
Broker: JLL Capital Markets (debt advisory for the buyer)
Type: Acquisition
Announced: Oct. 22, 2026