Washington, D.C., suburban office complex

OFFICE | LANDOVER, MD

Acquisition of two office buildings situated along the region’s most well-traveled interchanges, with easy access to Washington, D.C., and Baltimore and plans in place to develop the adjacent land

Investment highlights

  • The combined 19 stories are situated in the bustling Maryland suburbs of Washington, D.C.
  • The property is highly visible and accessible from the Capital Beltway and is a 10‑minute walk from the New Carrollton Transit Center, serving Metrorail, Amtrak and Maryland Area Regional Commuter trains.
  • Landover offers attractive accommodations for business needs such as dining and lodging.

Location

Investment details1

Total loan size
$18,660,000
Purpose
Acquisition
LTV
67%
Date of loan
12/06/17
Year built
1980/1982
Square feet
293,483
Portfolio weight
2.3%

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