CityWide Properties Acquires White Marsh Professional Center In Baltimore For $11.8M

The White Marsh Professional Center, a complex consisting of three two-story office buildings with 42 office units, has been sold for nearly $12 million. The property, located at 7923 Honeygo Boulevard in Baltimore, MD, spans 81,000 square feet with an average price per square foot of $146.

Summary of transation details

• Property Type: Office
• Transaction Amount: $11,800,000
• Buyer: CityWide Properties - Steve Verstanding
• Mortgage Brokers: Marc Tropp - Easter Union

Steve Verstanding, principal of CityWide Properties, has acquired the White Marsh Professional Center. The sale of the property was facilitated by Marc Tropp of Easter Union. This transaction marks an important investment in the Baltimore office market.