P Portfolio Owner LLC Sells Office Building In Columbia MD For $5.6M With Newmark

The property asset involved in this transaction is an office building located at 9755 Patuxent Woods Drive in Columbia, MD. The building encompasses a total area of 98,218 square feet and was sold for $5,600,000, resulting in a price per square foot of $57. At the time of closing, the property was 47% leased.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $5,600,000
• Address: 9755 Patuxent Woods Drive
• Market: Columbia, MD
• Square Footage: 98,218
• Price per Square Foot: $57
• Seller: P Portfolio Owner, LLC

The deal was facilitated by Newmark, with brokers Nicholas Signor, Christopher Abramson, and Ben McCarty representing the seller in this transaction.