Jul
10
Avison Young Brokers $24M MOB Sale
ByA joint-venture between Foulger-Pratt and a global real estate investment management firm sold the Class A asset in Silver Spring, Md., to Healthcare Realty in an off-market transaction.
Avison Young brokered the sale of Forest Glen, a 62,379-square-foot medical office building in Silver Spring, Md., on behalf of the buyer, Healthcare Realty. A joint-venture between Foulger-Pratt and a global real estate investment management firm sold the Class A asset for $24 million in an off-market transaction, according to Bisnow.
HOSPITAL CAMPUS PROPERTY
Located at 1400 Forest Glen Road on the campus of Holy Cross Hospital, just off Interstate 495, the propriety houses women’s health care providers, such as Maryland Perinatal Associates and Capital Women’s Care. The asset is six miles from the Walter Reed National Military Medical Center…
