Page 43 - Port of Baltimore - January/February 2018
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Mobile Full Service Ship Repair Yard
Emergency/Maintenance | Field & Shop Repairs | Machine Shop/Fabrications Serving Baltimore,Wilmington & Philadelphia Around-The-Clock Service
Floating Equipment To Service Vessels At Cargo Piers
Dry Dock & Wet Berth Services
Riding Crews To Service Vessels While Under Way
The General Ship Repair Corp.
1449 Key Highway, Baltimore, Maryland 21230 Phone: 410/752-7620 | Fax: 410/752-4650 info@generalshiprepair.com www.generalshiprepair.com
Industrial Division of The General Ship Repair Corporation
Commercial & Industrial Repairs | Structural & Mechanical Machining & Fabrications
“A Baltimore Tradition With Over Seventy-Five Years In The Same Location”
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Maryland Line Handling Co.
2200 Broening Highway | Suite 235A Baltimore, Maryland 21224
email: mdlinehandling@comcast.net office:410.633.2519 | fax:410.633.2565
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certainly welcome their growth in the area ... as we continue to provide mutual service for all of our customers.”
DAC began in 1935 as Dalfen’s Limited, a family-operated retail clothing chain in Canada. Getting out of the retail trade during the 1970s, Dalfen’s entered the commercial real estate business in Canada. By 1990, the firm had shifted its focus once again — to industrial real estate with expansion into the United States. Today, DAC is “one of the
largest buyers of industrial real estate,” Ghoul said, and is often identified as
one of the most active, with a range
of tenants small and large, national
and international. The company’s ties
to the founding family remain strong, with Murray Dalfen, son of founder Joseph Dalfen, serving as CEO and the founder’s grandson serving as President.
The Curtis Bay property, purchased from Bay Grove Capital of San Francisco for an undisclosed amount, is undergoing some upgrades. DAC has installed new dock equipment and LED lighting. There is also room to grow on the 20-acre parcel. Ghoul said the extra land offers the flexibility of installing more storage and additional parking on two acres as well as along the side and back of the building.
The former owner is leasing about 90,000 square feet and using the 7-acre storage yard outside the building for
its subsidiary, Lineage Logistics, a cold storage business that employs about 30 people there. The remaining 100,000 square feet are vacant; this warehouse space, with a small office, could be modified for future tenants, Ghoul added.
DAC has properties in dozens of U.S. cities throughout the South, Midwest and West. In 2016, the company was named the country’s top Real Estate Investor Operating Company by
National Real Estate Investor. The award honors the top-performing firms that have significantly contributed to the commercial real estate industry over the previous 12 months. 􏰀
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