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Amazon warehouse in Md. sold for $112M

Joint venture partners Trammell Crow and Diamond Realty sold a 1.15 million-square-foot Amazon.com Inc. warehouse in Cecil County, Md., for $112 million, the Baltimore Business Journal reported, citing state records.

The price paid by Clarion Partners LLC subsidiary CLPF Principio LLC marked a new record for a class A industrial property in Maryland, according to the report.

The newly opened 95-acre property, which is occupied by Amazon on a 10-year lease, was sold in September 2017, the report added.