Crystal Rock Development Acquires Industrial Property In Rockville, MD For $13.4M

The industrial property located at 12712 Rock Creek Mill Road in Rockville, MD was recently sold in a closed transaction. The property spans 60,100 square feet and was sold for a total price of $13,400,000, resulting in a price per square foot of $223. The sale was facilitated by brokers Joe Friedman, Christine Klein, Wilson Purcell, and Joshua Norwitz of Edge Capital Markets.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $13,400,000
• Address: 12712 Rock Creek Mill Road, Rockville, MD
• Market: Rockville, MD
• Buyer: Crystal Rock Development, LLC
• Seller: GlenLine Investments
• Brokers: Joe Friedman, Christine Klein, Wilson Purcell, and Joshua Norwitz - Edge Capital Markets

The sale of this industrial property was completed on 02/02/2022. Crystal Rock Development, LLC acted as the buyer, while GlenLine Investments was the seller. The involvement of brokers Joe Friedman, Christine Klein, Wilson Purcell, and Joshua Norwitz from Edge Capital Markets demonstrates their role in representing the parties in this transaction.