Walton Global Completes 33.17-Acre Commercial Land Sale in Westphalia Town Center
Land Sells in Prince George’s County for Commercial and Warehouse Development
Walton Global, a leading real estate investment and land asset management company, has announced the successful sale of 33.17 acres of land in Prince George’s County, Maryland to Northpoint Realty Partners. The transaction, within the Westphalia Town Center Master Plan, represents a land sale positioned to support substantial commercial and warehouse development in the region. While the broader Westphalia portfolio is primarily focused on residential and retail development, this commercial and warehouse component represents a long-term vision of a balanced mixed-use community.
The property, now known as Westphalia Logistics Center, is located on the north and south sides of Presidential Parkway, east of Machinists Place, approximately one mile from an established residential development. The site is zoned TAC-E/MIO, permitting commercial and light industrial uses. The parcels also offer proximity to the Pennsylvania Avenue (State Route 4) and I-495 (Capital Beltway) interchange, providing convenient access to key employment centers, retail services and downtown Washington, D.C.
“This closing reflects continued confidence in Prince George’s County as a viable location for industrial and commercial investment,” said Barry Dluzen, Executive Vice President of Real Estate at Walton Global. “ With inventory of new industrial space continuing to tighten and demand from regional distribution and manufacturing tenants remaining strong, this transaction highlights the appeal of well-located development sites in the market. We are pleased to have facilitated this transaction and look forward to the development that Northpoint Realty Partners will bring to the market.”
Northpoint Realty Partners acquired the two adjacent parcels with plans to develop 306,000 square feet of warehouse space in two buildings.
“We are pleased to acquire these strategically positioned parcels and move forward with our industrial development strategy for the region,” said Christian Chambers, Managing Partner for Northpoint Realty Partners. “This property aligns with our focus on securing well located industrial land in markets with strong fundamentals.”
Westphalia Town Center is designed to bring everyday needs within walking distance of home, anchoring a mixed-use community built around how people actually live and work. The broader master plan reflects Walton Global’s sustained investment in high-growth markets and the long arc of community development, including the jobs and economic activity that come with it.