(FILA North America) - FILA North America has more than doubled its distribution center space, expanding its presence in Baltimore. The company signed a 10-year lease, acquiring a space that sits adjacent to its current facility.
CBRE Industrial and Logistics Group arranged the lease transaction, totaling 731,500 square-feet at 7269 and 7630 Gambrills Cove Road in Pasadena, MD. FILA North America is renewing its 379,102 square foot lease at 7630 and taking an additional 352,850 square feet at 7269, allowing the company to expand its existing footprint and increase distribution capacity. This represents the largest industrial lease transaction in the Baltimore Metro area for the first half of 2018.
“FILA North America’s continued growth, the opportunity to reach our customers from Baltimore and the expansion of the Port of Baltimore, made this decision easy for us,” said Pat Craig, Vice President, Distribution at FILA North America. “The new space is attached to our existing building, which offers the synergy we need to keep operations flowing. The location is key to our customer base, allowing the brand to service the NE, SE and MW regions all within two to three days.”
FILA North America is a longtime corporate citizen of the Baltimore area. The success of FILA North America’s business over the last decade is evidenced in the decision to expand operations. The company has experienced success in reaching a new generation of consumers. The interest from millennials has reinvigorated the business with demand for apparel and footwear from retailers like Urban Outfitters, Foot Locker and Barneys New York.
To keep pace with this growth and to meet consumer demands and expectations, the new space allows the brand to double its dock doors, double its shipping capacity and double its operating space.
Located in the Marley Neck industrial area of the Baltimore-Washington Corridor, the state-of-the-art facility features a high-cube, 42-foot clearance, air conditioning throughout, 285,000 square feet of racking systems with in-rack sprinklers, and a security system with 62 HD cameras. The expansion to the Port of Baltimore has also allowed the company to take advantage of easy access to the port, with delivery of containers to the port within 15-20 minutes and a capacity for over 100 containers on site.
”FILA is experiencing exciting growth of their brand and we are delighted to assist them in right sizing their presence here in Maryland,” said Bill Pellington, Senior Vice President at CBRE.
CBRE’s Bill Pellington and Jon Casella represented FILA North America and facility owner Grammercy Property Trust was represented by Michael Walsh.
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The FILA® brand was founded in 1911 in Biella, Italy by the Fila brothers. Since 2007, the FILA® brand has been owned and operated by FILA Korea Ltd. FILA North America designs, develops and markets FILA® branded athletic and leisure shoes, apparel and a range of sport accessories. The lineup is sold through department and specialty sporting goods stores, tennis and resort clubs and on www.FILA.com
. Visit www.FILA.com
for more information.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2017 revenue). The company has more than 80,000 employees (excluding affiliates), and serves real estate investors and occupiers through 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com