Kevin Lurie Of Creative Equities Purchases Talbot Medical In Silver Spring For $8.6M

The property involved in this transaction is a medical office located at 12120 Plum Orchard Drive, Silver Spring, MD. The asset type is an outpatient medical building, consisting of 38,132 square feet and selling for $8,600,000. The price per square foot is $226.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $8,600,000
• Buyer: Kevin Lurie - Creative Equities
• Seller: ESJ Capital Partners
• Brokers: Travis Ives, Gino J. Lollio & Tyler Morss - Cushman & Wakefield
• Financing arranged: $5,300,000

The transaction highlights key participants, including the buyer, Kevin Lurie, who is associated with Creative Equities. The seller is ESJ Capital Partners, and the deal was facilitated by brokers Travis Ives, Gino J. Lollio, and Tyler Morss from Cushman & Wakefield. The brokerage also arranged acquisition financing for Creative Equities, amounting to $5.3 million.