Thor Equities Acquires Office/Flex Property In Rockville, MD For $45M

A sale transaction took place for an office/flex property located at 20, 30, and 50 West Gude Drive in Rockville, MD. The property spans a total of 231,582 square feet and was sold for a price of $45,000,000, resulting in a price per square foot of $194.

Summary of transaction details

• Property Type: Office/flex
• Transaction Amount: $45,000,000
• Address: 20, 30, and 50 West Gude Drive, Rockville, MD
• Market: Rockville, MD
• Buyer: Thor Equities - Jack J. Sitt
• Brokers: Tommy Cleaver, Dan Grimes, & Stuart Kenny - CBRE

The buyer of the property was Jack J. Sitt, representing Thor Equities. The transaction was facilitated by the brokers Tommy Cleaver, Dan Grimes, and Stuart Kenny from CBRE.