Tuesday, January 1, 2013

System Source buys Hunt Valley HQ for $7M - Baltimore Business Journal:

vittitowmehigyk1238.blogspot.com
The company went to its landlord, Chicago-based FR) earlier this year to ask for a new or to buy the System Source CEO Robert Roswelol said inan interview. First Industrial agreefd to sell. System Source, which runs technolog y training classes, now owns the 72,000 square feet of flex space at 330-338 Clubhouse Lane in the Hunt Valleybusinese district. It leases about 20,000 square feet of the spacwe to Chesapeake Manufacturing and is looking for a tenantr for a vacant Roswell said. System Source is the building’sx fourth owner since the company moved into the space seve nyears ago, he said. Its firsgt landlord was Columbia’s Rouse Co.
, which was later acquire d by now-bankrupt Chicago firm (NYSE: GGP) in 2004. General Growtuh sold the building to First Industrialin 2005. Real estate firm LLC, through Vice President David Paulson, negotiatef the transaction. The sale closed Marc h 31, Roswell said.

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