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186 Duke of Gloucester Street

Cody Monroe Acquires Historic Office Building In Annapolis For $1.625M

186 Duke of Gloucester Street

4,267 SF
clock iconSold 87 days ago
Chris Bennett
Morgan Wimbrow
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4,267 sqft

The office property located at 186 Duke of Gloucester Street in Annapolis, Maryland has been sold in a transaction between Annapolis Capital Partners and the Maryland Bankers Association. The sale price for this historic building was $1.625 million. Spanning 4,267 square feet, the property was acquired by Annapolis Capital Partners, with the intention of relocating their headquarters while allowing the Maryland Bankers Association to continue occupying the space.

Summary of transaction details:

Annapolis Capital Partners, led by Cody Monroe, successfully completed the acquisition of the office property, making the move to purchase a pivotal moment for the company. On the other side, the Maryland Bankers Association, represented by the seller in this deal, will retain occupancy in the historic downtown Annapolis building. The brokers facilitating this transaction were Chris Bennett and Morgan Wimbrow from MacKenzie Commercial Real Estate Services, demonstrating their expertise in negotiating successful real estate deals.


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Chris Bennett's profile picture
Chris Bennett
MacKenzie Commercial Real Estate Services-image
Executive Vice President/Principal
$1.6M Sold
Morgan Wimbrow's profile picture
$1.6M Sold


Deal Summary
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IMAGE: 04/17/2024 ADDRESS: 186 Duke of Gloucester Street MARKET: Annapolis, MD ASSET TYPE: Office BUYER: Cody Monroe - Annapolis Capital Partners SELLER: Maryland Bankers Association BROKERS: Chris Bennett & Morgan Wimbrow - MacKenzie Commercial Real Estate Services SALE PRICE: $1,625,000 SF: 4,267 ~ PPSF: $381 NOTE: Annapolis Capital Partners has acquired 186 Duke of Gloucester Street, a historic building in downtown Annapolis, Maryland, from the Maryland Bankers Association for $1.625 million, intending to relocate its headquarters there while allowing the association to remain as an occupant.

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Address186 Duke of Gloucester Street


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