BALTIMORE – Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today the sale of 9111 Guilford Road in Columbia, Maryland. The 9,792 square foot office building is a part of Rivers Technology Park, a six-building portfolio that has been repositioned as six individual condominium buildings for sale. One Source Associates, Inc., a Manufacturers' Representative serving the electrical and construction industry's finest manufacturers, acquired 9111 Guilford Road as their new Columbia, Maryland-based headquarters serving Maryland, Washington D.C. and Northern Virginia.
Andrew Smith, Charlie Fenwick and Scott Matthews of Cassidy Turley represented the owner, while Anthony King of The Ezra Company represented the buyer.
“In response to both a limited supply of available smaller office buildings and a favorable user sale financing environment, the owner repositioned Rivers Technology Park as a condominium,” commented Andrew Smith, Managing Director and Principal at Cassidy Turley. “This will allow them to sell individual buildings to meet the growing demand of owner-occupied interest.”
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,800 professionals in more than 60 offices nationwide. With headquarters in Washington, DC, the company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $22 billion in 2012, manages approximately 400 million square feet on behalf of institutional, corporate and private clients and supports more than 23,000 domestic corporate services locations. Cassidy Turley serves owners, investors and tenants with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. Cassidy Turley enhances its global service delivery outside North America through a partnership with GVA, giving clients access to commercial real estate professionals in 65 international markets. Please visit www.cassidyturley.com for more information about Cassidy Turley.
Cassidy Turley in Baltimore
With a 90+ year heritage serving clients in the Greater Baltimore Metropolitan area, Cassidy Turley’s client-focused, team approach and reputation for thorough market knowledge is recognized throughout the real estate industry. We are local leaders in Capital Markets – in 2012 and 2013 we completed 24 investment sales transactions totaling $503 million in the Mid-Atlantic Region. Cassidy Turley’s Baltimore operations also are home to the company’s Chairman of the Board as well as its Life Sciences Practice Group and Global Tenant Advisory team. As community leaders, our employees sit on numerous boards and are active volunteers with The Salvation Army, United Way, and Middle Branch Park.