Tempus Realty Partners Acquires $7.6 Million Industrial Property in Elkton, MD
Tempus Realty Partners, a real estate investment partnership based in Arkansas, has recently made a significant acquisition in the industrial sector. The company has acquired a property in Elkton, MD, valued at $7.6 million, bringing their total investments to over $1 billion.
The newly acquired property spans over 94,871 square feet of prime industrial space and is currently occupied by Micropore, a company that specializes in packaging fine powder chemistries into absorbent cartridges used in various applications.
Dan Andrews, CEO of Tempus Realty Partners, expressed his pride in the company’s latest achievement, stating, “As we continue to expand and grow, we remain focused on delivering exceptional value for our investors.”
This strategic acquisition is part of Tempus’ focus on investing in the thriving industrial sector, particularly targeting middle market manufacturing companies. With over $1 billion invested since its formation in 2016, Tempus remains committed to creating win-win solutions for both investors and tenants.
Tempus Realty Partners is known for its investor-centric approach to real estate investment, with a focus on acquiring and developing commercial real estate in the South and Midwest regions. The company has acquired properties in 25 states and continues to seek out unique opportunities to generate superior returns for its partners.
Source: Tempus Realty
