Rockville Metro Center For Sale

Transwestern Real Estate Services’s Mid-Atlantic Capital Markets Group has been named the exclusive sales agent for Rockville Metro Center, a 145,491-square-foot office building at 255 Rockville Pike in Rockville, Maryland. Transwestern Executive Managing Director Gerry Trainor is marketing the 2.5-acre opportunity for multifamily redevelopment, life science conversion, or other uses.

“Currently vacant, Rockville Metro Center is ideally positioned for immediate redevelopment providing a buyer optionality on the uses,” said Trainor. “The property is within Montgomery County’s flourishing I-270 biotech corridor and just minutes from downtown Washington, D.C., allowing investors to enter the high-barrier-to-entry market where land and conversion options are scarce.”

Situated in the heart of Rockville Town Center, Rockville Metro Center is zoned PD-RCI, which permits residential and commercial developments with approval. The two-story building has 2.5 levels of below-grade parking, sky bridge access to the Rockville metro station, and direct commuter access via Rockville Pike, I-270 and I-495.

The property features 18-foot ceilings, 65,000-square-foot floor plates, 30×30 column spacing, a loading dock, five elevators, and an oversized freight elevator. Additional density exists for those looking to expand vertically or raze the building.

Transwestern’s Mid-Atlantic Capital Markets Group delivers an optimal capital solution for each assignment by combining investment sales and capital markets expertise with local market and product insight. During the past 24 months, the group’s transactions have exceeded $1.7 billion in aggregate value. The team’s success is a direct result of detailed underwriting and a keen understanding of the local, national and international investment communities.

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