Blue & Obrecht Negotiates 47,000 SF Flex Transaction
Blue & Obrecht Realty, LLC / CORFAC International has facilitated the lease of 47,000 square feet of flex space on behalf of Conveyor & Automation Technologies at 66 Loveton Circle in Sparks, Maryland. Patrick M. Smith and Richard F. Blue, Jr., SIOR of Blue & Obrecht Realty negotiated the transaction on behalf of the tenant, and Ketch Secor of CBRE represented the landlord.
Specializing in flexible automation, Conveyor & Automation Technologies engineers, manufactures and implements customized, integrated production lines with state-of-the-art controls.
“This new building gives us the room we need today as well as room for future expansion,” said Lilly Sarikas, president of Conveyor & Automation Technologies. “As our customers’ needs grow, our ability to serve them will grow accordingly.”
Blue & Obrecht Realty, LLC / CORFAC International is a full-service commercial real estate firm offering landlord and tenant representation, and property acquisition and disposition. CORFAC International – Corporate Facility Advisors – is an alliance of entrepreneurial commercial real estate firms that partner to deliver quality and experienced service locally, nationally, and internationally.