BentallGreenOak Acquires Medical Office In Frederick, MD For $35M

The medical office property located at 161, 163 & 165 Thomas Johnson Drive in Frederick, MD was recently sold for a price of $35,000,000. The property spans across 91,220 square feet, resulting in a price per square foot of $384. The transaction involved the buyer BentallGreenOak - Sonny Kalsi and the seller Ausherman Properties. Avison Young acted as the broker in this deal.

Summary of transaction details

• Property Type: Medical Office
• Transaction Amount: $35,000,000
• Square Footage: 91,220
• Price per Square Foot: $384
• Address: 161, 163 & 165 Thomas Johnson Drive, Frederick, MD
• Market: Frederick, MD

Sonny Kalsi, representing BentallGreenOak, played a key role in the acquisition of this medical office property. Meanwhile, Ausherman Properties acted as the seller, and Avison Young facilitated the transaction as the broker. This successful deal highlights the expertise and collaboration of multiple individuals and companies in the commercial real estate market.