Twinbrook Metro Plaza Twinbrook Metro Plaza

ROCKVILLE, MD—MRP Realty and Artemis Realty Capital have partnered to acquire Twinbrook Metro Plaza, a 169,189-square foot office building, for $15.5 million, or $92 per square foot. TA Realty is the seller.

MRP Realty has confirmed the acquisition to although it does not discuss pricing. It will be formally announcing the acquisition shortly.

At a 21% occupancy rate, Twinbrook Metro Plaza could be best described as a value-add opportunity. It last traded in October of 2005 for $52 million, according to public records.