Out-of-State Investors Won Middle River Station Auction

Summary


An entity that bid $37.5 million for a former military airplane factory in Baltimore County has been officially awarded a contract to buy the 50-acre property, although the identities of the people behind the purchaser are still being kept secret.

The U.S. General Services Administration, which has owned Middle River Station since 1964, said Friday the contract has been given to a group called "Middle River Station Development LLC of Baltimore, Maryland."

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Extract


Out-of-State Investors Won Middle River Station Auction

But the company is actually a small group of wealthy individuals from outside of Maryland, according to Y. Jeffrey Spatz, an attorney at Baltimore City-based law firm Gordon, F...

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