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Atlanta Developer Buys Large Tract in Frederick County, Maryland, for Industrial Project

Core5 Plans To Build More Than 500,000 Square Feet in Monrovia
The Monrovia site is about 10 miles from where Kroger developed its robot-powered fulfillment center in Frederick, pictured above while still under construction. (CoStar)
The Monrovia site is about 10 miles from where Kroger developed its robot-powered fulfillment center in Frederick, pictured above while still under construction. (CoStar)
By Joanna Pagar
CoStar Research
July 13, 2023 | 1:00 P.M.

A developer out of Atlanta has acquired a large site in Frederick County, Maryland, with plans to develop a pair of industrial buildings to capitalize on an area that has seen industrial rents spike over the last several years.

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