SB&G Hotel Group Acquires Property From Seller For $18 Million In Greenbelt, MD

The property involved in this transaction is located at 6400 Ivy Ln, Greenbelt, MD, 20770, and falls within the Greenbelt market. This asset was sold for $18,000,000.00. The square footage of the property is not detailed in the available information.

Summary of transaction details:

• Property Type: SALE
• Transaction Amount: $18,000,000.00
• Address: 6400 Ivy Ln, Greenbelt, MD, 20770
• Market: Greenbelt
• Seller's Representative: Marc Magazine (Savills)
• Buyer: SB&G Hotel Group

Key individuals involved in the transaction include Marc Magazine, who represented the seller in this sale, and the SB&G Hotel Group, the buyer of the property. The transaction highlights the professional engagement of Savills in facilitating the sale.