Lanham, Maryland
Washington Business Park
$34,000,000
Size
450,000
SQ.Ft
Lanham, Maryland
Market
- Portfolio of 7 office and flex buildings in Lanham, Maryland
- $34 million, 10-year term fixed at 5.27% with a well-known institutional lender
- 24 months IO
- 450,000 sf of space, 90% occupied at closing
- 5% of the tenants have signed or renewed leases since COVID
- Long term owner with significant presence in the submarket
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