Thomas Park Investments Sells 38,271 Square Foot Medical Office In Severna Park For $7.5M

A medical office building located at 877 Baltimore Annapolis Boulevard, Severna Park, MD, has been sold for $7,500,000. The property encompasses 38,271 square feet and has an approximate price per square foot of $196.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $7,500,000
• Square Footage: 38,271
• Price per Square Foot: $196
• Market: Severna Park, MD
• Sale Date: 11/06/2026

Mason Popham and Tim Zulick from Thomas Park Investments facilitated the sale, while Trish Farrell from MacKenzie Commercial Real Estate Services represented the buyer. The property was repositioned by Thomas Park Commercial, which undertook over 25,000 square feet of leasing activity, increasing medical tenancy significantly.