Page 42 - Port of Baltimore - January/February 2018
P. 42

PORT BUSINESS
Curtis Bay Property Gives Leading Real Estate Firm A Foot in Maryland
PROXIMITY TO PORT, SITE FLEXIBILITY PROMPT DALFEN AMERICA’S PURCHASE
BY MARY MAUSHARD
When Dalfen America Corporation (DAC) acquired the Chesapeake Logistics Center in Curtis
Bay last summer, the North American industrial real estate giant established a foothold in Maryland.
This large property near the Fairfield Terminal at the Port of Baltimore joins “millions of square feet of premier commercial properties the company owns throughout the United States and Canada,” said DAC’s Communications Coordinator, Mariam Ghoul. It also
fits well into the firm’s strategy
of buying distribution and storage facilities, especially with an eye toward ecommerce, in key metropolitan areas across the country.
“Our investment focus is on strategically located infill and last-mile- oriented warehouses, logistics centers, multi-tenant business parks and light industrial facilities,” she added.
The logistics center’s location on Chesapeake Avenue near the Port, its proximity to the CSX intermodal facility and the additional land on the 20-acre parcel attracted DAC to the center, which was built in 2004.
The Canadian firm opened its first United States office in Orlando, Fla., in the 1990s, and also has offices in Dallas and Cincinnati, Ohio. At this
time, DAC has no physical presence
in Baltimore. Nevertheless, it sees
its expansion into the area as “ideal
for distribution and fulfillment to the
9.3 million residents in the Baltimore- Washington Corridor as well as for companies that need to move products quickly across the U.S.,” DAC President Sean Dalfen said at the time of purchase.
The arrival of a new property
owner affirms the Port’s continuing opportunities. “DAC’s presence and entrance into our market underscores the growing cargo volume and real estate needs throughout the region,” said Donovan Murray, General Manager of Intermodal/Trade Development at the Maryland Department of Transportation’s Maryland Port Administration. “We
DALFEN AMERICA CORP. AT A GLANCE
FOUNDED: 1990
(1935 as Dalfen’s Limited)
PRESIDENT: Sean Dalfen
HEADQUARTERS:
17304 Preston Road, Suite 550 Dallas, Texas 75252
www.dalfen.com
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