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Solo Cup distribution center in Hampstead barely hits market before fetching $44M

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The 1 million-square-foot Solo Cup distribution center in Carroll County has been sold for $44 million. The sale of the 13-year-old Class A warehouse at 630 Hanover Pike in Hampstead to Boston-based STAG Industrial Management LLC was unusually quick. Placed on the market in April, the sale drew 10 offers and closed after a 30-day study period and a five-day closing process. “It was as efficient as it could possibly be,” said Jonathan M. Carpenter, a Cassidy Turley broker who represented the… Reported by bizjournals 4 hours ago.

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