Nary a tomato has been stored in the building for 10 years now, but 7440 Assateague Drive is nevertheless known only as ‘the Tomato building.’ And now it has sold. A partnership operated by brothers who ran Maryland Fresh Tomato a decade ago have sold the 78,000 foot Jessup building for $6.85 million. The Jaciri Family LLC, operators of a Hispanic food chain called MegaMart, was the buyer. The brothers had sold the business long ago but held on to the real estate, even though they didn’t lease it up again. In the end, they got $87.82 per foot from a grocer that has multiple locations in the region. Ken Griffin, Andy Mayr and Jim Miers at NAI Michael represented the seller.
Courtesy of Howard County Newsletter. For more information or to subscribe, please visit www.marylandnewsletters.com