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Lucern Capital Partners acquires Edmonston Road Business Center in Maryland for small-bay industrial portfolio

PUBT·09/30/2026 17:58:57
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Lucern Capital Partners acquires Edmonston Road Business Center in Maryland for small-bay industrial portfolio
  • Lucern Capital Partners acquired Edmonston Road Business Center, a 38,561-square-foot industrial-flex property in Beltsville, Maryland, on Sept. 21, 2026.
  • Deal consolidates 28 units under one owner for the first time, replacing a condo structure split among four ownership groups.
  • Lucern plans to dissolve the condominium association, manage the property in-house, maintain occupancy, reprice below-market leases.
  • Asset spans 2.32 acres with about 75% industrial space, 25% office; suite sizes range from about 700 to 3,500 square feet.
  • Acquisition was completed as a 1031 exchange for a longtime investor, expanding Lucern’s small-bay industrial portfolio in Maryland.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lucern Capital Partners LLC published the original content used to generate this news brief on September 30, 2026, and is solely responsible for the information contained therein.