Government Investment Partners Sells Office Building In Hyattsville, MD For $45M

The office property located at 3311 Toledo Rd in Hyattsville, MD has been sold for a total price of $45,000,000. The property spans approximately 189,000 square feet, resulting in a price per square foot of $238. The transaction took place on the date of 06/13/2022.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $45,000,000
• Address: 3311 Toledo Rd, Hyattsville, MD
• Market: Hyattsville, MD
• Size: 189,000 square feet
• Price per Square Foot: $238

The seller in this transaction was Government Investment Partners. The deal was facilitated by brokers Shaun Weinberg, Eric Berkman, Scott Johnston, and Robert England from Cushman & Wakefield.