Binswanger Helps Conair Secure Lease of a New, 2.1 Million Square Foot Distribution Center in Hagerstown, MD
Binswanger was engaged by Conair to assist in the planning, site selection, demographics and labor analytics, brokerage, and lease negotiations for the approximately 2.1 million square foot facility located at 10440 Downsville Pike and 17250 Sterling Road.
- Binswanger was engaged by Conair to assist in the planning, site selection, demographics and labor analytics, brokerage, and lease negotiations for the approximately 2.1 million square foot facility located at 10440 Downsville Pike and 17250 Sterling Road.
- While originally planned as two separate 1 million square foot warehouses, Binswanger worked with all parties to redesign the plan so that it could be operated as a single contiguous building.
- “This is an exciting deal both for Conair and the state of Maryland,” said Binswanger’s President and CEO, David Binswanger.
- With this Mid-Atlantic expansion, Conair will also create approximately 700 new full-time local jobs over the next 10 years.