The buildings, an 86,000-sf warehouse at 501 Prince George's Blvd. and a 66,000-sf flex structure at 16201 Trade Zone Ave., have 2004 assessed values of $2.4 million and $2.9 million, respectively.
Both facilities are 100% leased to a series of tenants including engineering and hardware provider Oceaneering International and Prince George's County. "Finmarc Management received two strategically-positioned and well-maintained buildings that have a combination of short and long-term leases in place," Finmarc's Marc Solomon says. "These factors will result in a portfolio that will increase in value and represent a solid investment for our company."
NAI KLNB represented Finmarc in the transaction, while Transwestern Commercial Services stood in for the seller.
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