Identity, Inc. Acquires Mixed-Use Property In Gaithersburg For $4.35M

The property at 620 East Diamond Avenue in Gaithersburg, MD, a two-story mixed-use building, with 25,000 square feet of flex/office space, was recently sold for $4,350,000. The transaction price equated to $174 per square foot. The seller, Finmarc Management, Inc., based in Bethesda, completed the sale to Identity, Inc.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $4,350,000
• Address: 620 East Diamond Avenue
• Market: Gaithersburg, MD
• SF: 25,000
• Seller: David Fink - Finmarc Management, Inc
• Buyer: Identity, Inc.

Finmarc Management, Inc., a Bethesda-based company, finalized the sale of the 25,000 square foot mixed-use property located at 620 East Diamond Avenue in Gaithersburg. The purchasing entity, Identity, Inc., successfully acquired the two-story building, expanding its portfolio in the Gaithersburg market.