ROCKVILLE, MD–Transwestern has been retained by DSC Partners to provide leasing and property management services for 77 Upper Rock, a 232,282-square-foot office building. Transwestern's Phil McCarthy, Keith Foery, Ethan Bernardi and Nathan Bortnick are handling leasing while Colin Diefenbach is leading property management services for the building.
Built in 2007, the eight-story 77 Upper Rock is currently empty, but Transwestern's plan is to focus on the amenities that are set to spring up around this erstwhile corporate office neighborhood as well as in the building itself. DSC Partners will undertake a base building renovation to add fitness facilities, conference rooms, tenant common areas and green space.
“The area surrounding 77 Upper Rock is undergoing a major revitalization,” McCarthy said in a prepared statement. “What was once a large swath of older office buildings near the Shady Grove Metro Station is now set to become a walkable, mixed-use environment.” Coming amenities include MOM's Organic Market, Cava Mezze and CVS. “In addition, an adjacent $650 million mixed-use project by Lantian Development and 1788 is in the works now,” he added.
DSC Partners announced its launch last month, along with the $19.5 million purchase of 77 Upper Rock from the former JBG Cos.
Douglas Donatelli and Nicholas Smith, the former CEO and CIO of First Potomac Realty Trust are the company's co-founders. DSC Partners will focus on value-add opportunities across multiple asset types in the Washington DC area. 77 Upper Rock is an ideal property to showcase what the company will be seeking out, Smith says in a prepared statement. Improving this “well-positioned property”, he said, will attract prospective tenants in the Maryland market and generate strong demand.
ROCKVILLE, MD–Transwestern has been retained by DSC Partners to provide leasing and property management services for 77 Upper Rock, a 232,282-square-foot office building. Transwestern's Phil McCarthy, Keith Foery, Ethan Bernardi and Nathan Bortnick are handling leasing while Colin Diefenbach is leading property management services for the building.
Built in 2007, the eight-story 77 Upper Rock is currently empty, but Transwestern's plan is to focus on the amenities that are set to spring up around this erstwhile corporate office neighborhood as well as in the building itself. DSC Partners will undertake a base building renovation to add fitness facilities, conference rooms, tenant common areas and green space.
“The area surrounding 77 Upper Rock is undergoing a major revitalization,” McCarthy said in a prepared statement. “What was once a large swath of older office buildings near the Shady Grove Metro Station is now set to become a walkable, mixed-use environment.” Coming amenities include MOM's Organic Market, Cava Mezze and CVS. “In addition, an adjacent $650 million mixed-use project by Lantian Development and 1788 is in the works now,” he added.
DSC Partners announced its launch last month, along with the $19.5 million purchase of 77 Upper Rock from the former JBG Cos.
Douglas Donatelli and Nicholas Smith, the former CEO and CIO of First Potomac Realty Trust are the company's co-founders. DSC Partners will focus on value-add opportunities across multiple asset types in the Washington DC area. 77 Upper Rock is an ideal property to showcase what the company will be seeking out, Smith says in a prepared statement. Improving this “well-positioned property”, he said, will attract prospective tenants in the Maryland market and generate strong demand.
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