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10301 Georgia Avenue
SOLD

Affiliate Of Blue Arch Capital Acquires Medical Office Park In Silver Spring For $15.25M

10301 Georgia Avenue

Medical Office
270,228 SF
clock iconSold 34 days ago
Joe French
Mike Wilson
Michael Yavinsky
+ 4
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Summary

Sale
MARYLAND
Medical Office
270,228 sqft

The property involved in the transaction is Doctors Medical Park, a medical office asset located at 10301 Georgia Avenue, 2101 Medical Park Drive and 2121 Medical Park Drive in Silver Spring, MD. The asset spans a total of 90,076 square feet and was sold for $15.25 million, equating to a price per square foot of $169.

Summary of transaction details:

Avison Young played a pivotal role in facilitating the sale of Doctors Medical Park to an affiliate of Blue Arch Capital. The team of brokers involved in the deal included Jim Kornick, Joe French, Mike Wilson, and Wes Boatwright from Avison Young, who successfully closed the transaction. Additionally, Jon Goldstein and Michael Yavinsky, also from Avison Young, provided mortgage brokerage services to ensure a smooth completion of the sale.

Players

  • All

    7

  • Agents

    6

  • Agencies

    1

Joe French's profile picture
Joe French
Avison Young-image
$15.3M Sold
Mike Wilson's profile picture
Michael Yavinsky's profile picture
Wes Boatwright's profile picture
Jon Goldstein's profile picture

Details

Deal Summary
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SOLD
IMAGE: 06/07/2024 ADDRESS: 10301 Georgia Avenue, 2101 Medical Park Drive & 2121 Medical Park Drive MARKET: Silver Spring, MD ASSET TYPE: Medical Office BUYER: Affiliate of Blue Arch Capital BROKERS: Jim Kornick, Joe French, Mike Wilson & Wes Boatwright - Avison Young MORTGAGE BROKERS: Jon Goldstein & Michael Yavinsky - Avison Young SALE PRICE: $15,250,000 SF: 90,076 ~ PPSF: $169 NOTE: Avison Young facilitated the sale of Doctors Medical Park, a three-building outpatient clinical park in Silver Spring, MD, on behalf of Medical Center Associates, LLLP, to an affiliate of Blue Arch Capital for $15.25 million.

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Address10301 Georgia Avenue

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