At 1788 Holdings, a real estate investment company based in Bethesda, Md., light industrial assets are a major focus, and the company has been increasing its reach in the Baltimore and Washington, D.C., region over the last few years.
For instance, 1788 acquired a 10-asset portfolio of well-located retail pad sites — vacant lots near retail centers — throughout the Washington, D.C., metro. Eight of the sites are former Capital One Bank branches and two are land parcels that were to be developed as bank branches.