Fernau LeBlanc Investment Partners Acquires Mixed-Use Asset In Columbia MD For $7.75M

The asset involved in this transaction is the Oak Hall Commercial Center located at 6822 Oak Hall Lane, Columbia, MD. This mixed-use property was sold for $7,750,000 and encompasses a total of 40,000 square feet, translating to a price per square foot of $194.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $7,750,000
• Square Footage: 40,000
• Address: 6822 Oak Hall Lane
• Market: Columbia, MD
• Buyer: Fernau LeBlanc Investment Partners
• Seller: LTL Properties, LLC

The transaction was facilitated by brokers Allan Riorda, Marley Welsh Black, and Samantha Eckels from Lee & Associates, as well as Arvin Gholamrezae and Bob Filley from Marcus & Millichap, showcasing collaboration between these agencies in the successful sale of the fully leased property.