EYA LLC And Bernstein Management Corp Acquire Office Properties In Rockville Maryland For $18M

The property involved in this transaction consists of two office buildings and 3.2 acres of vacant land located at 9501 & 9513 Key West Avenue and 15200 Omega Drive in Rockville, MD. The total sale price for these assets, encompassing 80,000 square feet on 5.6 acres, was $18,000,000, translating to a price per square foot of $225.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $18,000,000
• Buyer: EYA LLC & Bernstein Management Corp
• Seller: Beacon Capital
• Square Footage: 80,000
• Acres: 5.6
• Market: Rockville, MD

The deal was facilitated by EYA LLC and Bernstein Management Corp., which are planning to redevelop the acquired properties into over 200 townhomes, altering the use of the former office spaces while encompassing a total of 13.6 acres across the three locations.