Press Release brought to you by Lee & Associates



ELLICOTT CITY, MarylandJuly 21, 2016—Kate Jordan & Marley Welsh of Lee & Associates,  one of the largest national commercial real estate providers with regional expertise, sold 10412 Guilford Road in Jessup, Maryland on July 15, 2016.  The property was a rare .46 acre parcel of heavy industrial M2 land with a house/office.  The purchase price was $395,000 ($858,695 per acre).

The buyer is a local contractor.  The seller occupied the structure as a home.  The seller’s family owned the property for decades and built the original structure.  

This marks the 6th sales transaction for Jordan in 8 months and the 3rd sales transaction for Welsh in 4 months.  The other properties included: a historic office building located at 8355 Court Avenue in Ellicott City in June; two flex condominiums located at 8229 Cloverleaf Drive, in Millersville in March; 1720 Belmont Avenue, in Windsor Mill in January; and 8262 Lokus Road, in Odenton this past November.  All buyers were users who planned to occupy the premises.

Kate Jordan is a Senior Vice President at Lee & Associates Chesapeake.  Her focus is industrial, office, and land leasing and sales. She has completed over 1.5 million square feet in transactions and is currently the listing agent for over 2 million square feet. Marley Welsh is a Senior Associate at Lee & Associates Chesapeake. Welsh also focuses on industrial, office and land leasing and sales. She has completed over 652,829 square feet and 40 acres in transactions and is currently the listing agent for over 1.76 million square feet. To see Jordan’s or Welsh’s current availabilities, please visit Lee’s Website.



About Lee & Associates

Celebrating more than 37 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in North America with locations across the U.S. and  Canada including California, Colorado, Arizona, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Maryland, Michigan, Missouri, Nevada, New Jersey, New York, Ohio, Pennsylvania, South Carolina, Texas, Vancouver BC and Wisconsin. With more than 800 brokers nationwide, Lee & Associates provides a wide range of specialized commercial real estate services on a local, regional and national level. For the latest news from Lee & Associates, visit, or follow us on Facebook, LinkedIn and Twitter.

07/21/2016 - 05:00


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