11-29-2024 11:08am

ECD INVESTS $13M

ECD Lacrosse buys flex property in Hunt Valley for $13.1M

ECD Lacrosse will house 30 employees at the 80,150-square-foot property at 10830 Gilroy Road and currently has partnerships with major lacrosse retailers. (Photo courtesy of KLNB)

ECD Lacrosse buys flex property in Hunt Valley for $13.1M

ECD Lacrosse, a Maryland-based lacrosse equipment manufacturer, purchased an office-industrial flex property in Hunt Valley for $13.3 million.

The company will house 30 employees at the 80,150-square-foot property at 10830 Gilroy Road and currently has partnerships with major lacrosse retailers.

KLNB, the mid-Atlantic region’s largest privately held CRE brokerage firm, represented both ECD Lacrosse and the seller, marketing company Webb Mason, in the sale of the property. Principals Joe Nolan and Peter I. Dudley represented Webb Mason, and Principal Spence Daw and Office & Industrial Specialist Steele Stanwick represented ECD Lacrosse.

The building features 49,750 square-feet of warehouse space and 30,400 square-feet of office space. Webb Mason used the building for its corporate headquarters and warehouse space.

East Coast Dyes (now ECD Lacrosse) began in 2011 when Greg Kenneally, known as the “stick doctor” on his college lacrosse team, turned his passion into a business. Starting in his basement, he dyed and strung lacrosse sticks, eventually developing his own wax mesh formula. By 2012, his twin brother Mike and other friends joined the company to meet rising demand. ECD quickly expanded from Kenneally’s house to a 9,000-square-foot facility near Baltimore.

KLNB has more than 120 full-time brokerage professionals working across its five offices located throughout the Washington-Baltimore region.