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Sagard Real Estate Expands Industrial Portfolio with Acquisition of Clark Road Site in Havre de Grace, Maryland
HAVRE DE GRACE, Md., July 17, 2025--Sagard Real Estate, formerly EverWest Real Estate Investors, a leading real estate investment firm, today announced the acquisition of 1621 Clark Road in Havre de Grace, Maryland. In partnership with Chesapeake Real Estate Group (CREG), Sagard plans to develop the 14.2-acre land site into a new Class-A industrial distribution facility. This investment marks the fourth acquisition for Sagard Real Estate’s recently launched moderate value-add, open-end fund, whi
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[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":240,"url":"https://media.zenfs.com/en/business-wire.com/0c3443b5678d8c042dacf0e4f70b4527"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/dkaPn3pgKI2bSG17NmqvVQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ4MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/0c3443b5678d8c042dacf0e4f70b4527","width":480,"height":240}},"lazy":false},{"type":"text","content":"HAVRE DE GRACE, Md., July 17, 2025--(BUSINESS WIRE)--Sagard Real Estate, formerly EverWest Real Estate Investors, a leading real estate investment firm, today announced the acquisition of 1621 Clark Road in Havre de Grace, Maryland. In partnership with Chesapeake Real Estate Group (CREG), Sagard plans to develop the 14.2-acre land site into a new Class-A industrial distribution facility. This investment marks the fourth acquisition for Sagard Real Estate’s recently launched moderate value-add, open-end fund, which targets seaport/last-mile industrial, attainable rental housing, and other niche property sub-sectors in supply-constrained, high-growth markets.","length":665,"tagName":"p"},{"type":"text","content":"Strategically located just 40 miles north of the Port of Baltimore and less than five miles from I-95, the site offers direct access to the Mid-Atlantic’s major logistics corridors. The property’s central location allows access to more than 120 million people, or roughly 35% of the U.S. population, within a 10-hour drive, making it an ideal site for regional distribution and e-commerce operations.","length":400,"tagName":"p"},{"type":"text","content":""We’re excited to develop a new Class-A industrial facility with modern, institutional-grade features," said Tyler Williams, Co-Portfolio Manager for the fund at Sagard Real Estate. "Harford County’s access to infrastructure and population centers, along with restrictions on future industrial development, make it a compelling submarket for industrial investment, aligning with the fund’s focus on supply-constrained locations with structural demand drivers."","length":480,"tagName":"p"},{"type":"text","content":"The site is fully entitled for the development of a 168,000 square-foot Class-A industrial distribution warehouse. The building will feature best-in-cl...