GAITHERSBURG, MD-The owners of Quince Tree Executive Center, 4630 Montgomery Ave LLC, have sold the property in a $12.6-million deal. The two-building office complex, which features an aggregate 72,200 sf of leasable space, is now in the hands of 806 Quince Orchard LLC.

Located at 806 & 818 W. Diamond Ave., Quince Tree Executive Center sits just off Interstate 270 in Montgomery County. The three-story structure at 806 W. Diamond was developed in 1985 and consists of 39,300 sf of space, while the four-story building at 818 W. Diamond was constructed two years later and consists of 37,500 sf of space. Separately, the properties have current assessed values of $3.9 million and $3.7 million, respectively. Tenants in the buildings include Bar-T Inc. and Cetrom Inc.

Transwestern Commercial Services was the exclusive agency on the transaction, with Transwestern Asset Investment Sales Group’s Andy Stape, Bob Filley, Joe Friedman and Jamie Abrams working with Transwestern’s Phil McCarthy and Keith Foery on the deal.

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