4A — June 2024 — DelMarVa — M id A tlantic Real Estate Journal
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D el M ar V a Paul Hanafin of Berkadia represents seller, a private family trust Valore Ventures acquires 30,000± s/f industrial facility in Hyattsville, Maryland H YATTSVILLE, MD — Real estate investment and management firm
renovate the property with new roofing and exterior and interior upgrades to provide a contem- porary warehousing facility for Spacesaver Interiors , a commercial storage and interior solutions company it acquired in partnership with Grays Peak Capital in late 2022. “We are thrilled to complete another acquisition that dem- onstrates Valore Ventures’ dexterity in the investment sec- tor,” said Kenny De Angelis , principal of Valore Ventures. “We were able to identify this value-add opportunity in sup- port of Spacesaver Interiors’
expansion to meet surging need for commercial storage and automation solutions across a variety of industries.” The well-timed transaction is the latest by Valore Ven- tures, which invests in oper- ating companies, commercial real estate and redevelopment of diverse value-add proper- ties, according to De Angelis. “We continue to see robust demand for the type of flexible strategies we pursue to unlock value in diverse assets across the US.” KLNB’s Chris Kubler represented Beverly Hills, CA-based Valore Ventures in the transaction. The seller, a private family trust, was rep- resented by Paul Hanafin of Berkadia . MAREJ Brotzman of SVN | Miller CRE leases hydroponic farm Hydroponic Greenhouse SALISBURY, MD — Flo Brotzman , senior advisor with The Hanna Team at SVN | Miller Commercial Real Estate , recently leased the Hydroponic Greenhouse on Little Lane in Salisbury. The Hydroponic Farm was leased to Murat Kilic , an ex- perienced hydroponic farmer. He plans on being able to bring fresh produce to the Delmarva area very quickly. Andy Hol- loway , owner of the hydro- ponic greenhouse said, “We knew it would take a unique tenant with a specific skillset to lease this property on our family land. Flo delivered.” Hydroponics is a produc- tion method where plants are raised in various growing mediums and suspended in nutrient-rich water instead of soil. Hydroponics eliminates all unnecessary components of traditional farming. A soilless process minimizes the risk of invasion by bugs and weeds into the growth environment. This ensures a cleaner and simpler process. MAREJ
Valore Ventures has acquired a nearly 30,000 s/f industrial property in Hyattsville. Situated on a 1.4-acre site, 5115-5117 Lawrence Place is permitted for light manu- facturing, warehousing and distribution. The property features 18 ft. clear ceilings, interior and exterior loading docks, and substantial surface parking. It is proximate to ma- jor arterial roads and within 12 miles of Washington, DC. Valore Ventures plans to
5115-5117 Lawrence Place
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