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A Morning Calm holding

WASHINGTON, DC–Morning Calm Management, a West Palm Beach, Fla.-based real estate investment and management company, reports that it has signed 110,000 square feet of leases at the two properties it owns in the Washington DC area over the past six months.

The company acquired Capital Office Park in Greenbelt, MD, for $49 million or $60 per square foot in 2016, its first deal in the Washington, DC area. The 811,782 square foot complex, which consists of seven buildings, was roughly 60% occupied, when Morning Calm bought it.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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