Heitman Acquires Medical Office In Rockville, MD For $46.8M

A medical office property located at 15001 & 15005 Shady Grove Road in Rockville, MD was recently sold for a total price of $46,800,000. The property spans a total of 103,249 square feet, resulting in a price per square foot of $453. The transaction took place on September 15, 2022.

Summary of transaction details

• Property Type: Medical Office
• Transaction Amount: $46,800,000
• Square footage: 103,249
• Price per square foot: $453
• Address: 15001 & 15005 Shady Grove Road, Rockville, MD
• Market: Rockville, MD

The buyer of the property was Heitman, while the sellers were MedProperties and Anchor Health Properties. The deal was facilitated by Brannan Knott, Mindy Berman, Dave Baker, Anthony Sardo, Chris Hew, and Landon Weaver from JLL Capital Markets, who represented both the buyer and the sellers in the transaction.