Town Title Closes $135MM Deal on FedEx Warehouse Building
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Town Title Closes $135MM Deal on FedEx Warehouse Building

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Town Title Agency recently insured a $135mm purchase transaction on a FedEx building in Gaithersburg, MD. SunCap Gaithersburg, LLC sold the building — located at 800 North Frederick Avenue – to Morris Gaithersburg Associates, LLC. $39mm worth of financing was provided by Allianz Life Insurance Company of North America.


Having built more than 30 million square feet of retail space along the East Coast, The Morris Companies are known for their premier industrial warehouse facilities. They are a full-service development organization, taking responsibility for the entire spectrum of client needs from daily property management to industrial real estate development.


Town Title Agency strives to be the leading provider of title insurance and settlement services in all of the markets we serve. Through a client-focused service delivery model, we guarantee the highest level of customer satisfaction in every transaction. We are committed to ensuring that our dedicated team of seasoned professionals feels empowered and has the tools needed to provide superior and quality service. At Town Title, our clients’ needs are anticipated, and we operate in a proactive culture that has earned us a reputation for excellence in our industry.