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

Property Image
SOLD
$8,600,000
Gino J. Lollio
Kevin Lurie
+ 1

Maryland

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Medical Office38,132 SF
Sold 01/02/2026
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Property Image
SOLD

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

12120 Plum Orchard Drive

See Similar Deals
Medical Office38,132 SF
Sold 01/02/2026
Gino J. Lollio
Kevin Lurie
+ 1
Contact now

Summary

MARYLAND
Asset Type:Medical Office
Price Per Square Foot:$225
Total Square Footage:38,132 SF
Transaction Type:Sale

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:

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.

Players

Travis Ives
16 deals$493.4M volume
BROKER

Gino J. Lollio
Cushman & Wakefield
15 deals$482.4M volume(312) 338-7061
BROKER

Tyler Morss
Cushman & Wakefield
10 deals$312.3M volume(212) 709-0805
BROKER

Kevin Lurie
2 deals$8.6M volume
BUYER

SELLER

Details

SOLD
IMAGE: 01/02/2026 ADDRESS: 12120 Plum Orchard Drive MARKET: Silver Spring, MD ASSET TYPE: Medical Office BUYER: Kevin Lurie - Creative Equities SELLER: ESJ Capital Partners BROKERS: Travis Ives, Gino J. Lollio & Tyler Morss - Cushman & Wakefield SALE PRICE: $8,600,000 SF: 38,132 ~ PPSF: $226 NOTE: Cushman & Wakefield brokered the $8.6M sale of Talbot Medical, a 38,132-square-foot outpatient medical building in Silver Spring, Md., and arranged $5.3M in acquisition financing for buyer Creative Equities LLC.

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Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$30,553.98
Cash-on-Cash Return-1.27%
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