Situated in the heart of the I-270 Corridor, the Decoverlyportfolio features two existing buildings on Omega Dr. consistingof 78,000 sf and 77,000 sf. Both three-story structures were builtin the late 1980s and have a combined occupancy level of about 91%;one building is fully leased, while the other is about 83%occupied. The third component to the portfolio is a plannedfour-story, 100,000-sf office structure that will sit at 9501 KeyWest Ave.

"These high-quality properties are centrally located with easyaccess to the downtown business district, shopping andentertainment venues and preferred residential areas," Koger CEOTom Crocker says.

Trammell Crow leasing agents were unavailable to comment on theasking rent for space at the property; however, the average pricefor class A office space in Rockville is $29 per sf, according toAdvantis Real Estate Services Co.'s First Quarter 2004 OfficeReport.