12101 Tech Road LLC Acquires Office Building In Silver Spring, MD For $12.8M

The office building located at 12101 Tech Rd in Silver Spring, MD has been sold in a closed transaction. The property spans over 58,280 square feet and was sold for a price of $12,800,000, resulting in a price per square foot of $220. The buyer, 12101 Tech Road LLC, acquired the property from the seller, BDC Spectrum.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $12,800,000
• Address: 12101 Tech Rd, Silver Spring, MD
• Market: Silver Spring, MD
• Buyer: 12101 Tech Road LLC
• Seller: BDC Spectrum
• Buyer's Representative: Brad Crosley - JLL
• Seller's Representatives: Robert Pugh & Kenneth Fellows - Edge

Brad Crosley from JLL served as the buyer's representative in this transaction. On the seller's side, the deal was handled by Robert Pugh and Kenneth Fellows from Edge.