Transwestern Brokers Sale of 156 KSF Flex Portfolio
ByLargo, Md.—Transwestern recently announced that it represented Atapco Properties in the disposition of Inglewood Business Center, two flex properties totaling 156,393 square feet in Largo, Md. Transwestern brokered the sale after increasing occupancy by 76 percent. Caraway Court Owner LLC, an investment group led by Rosenthal Properties, purchased the portfolio for $16.5 million.
Located at 1220 and 1221 Caraway Court, the two buildings are adjacent to one of the sites that is under consideration to be the new FBI headquarters and are part of a business park that is soon to be home to Prince George’s County executive headquarters and P.G.’s Regional Medical Center. Inglewood Business Center is less than half a mile from the Capital Beltway and a 5-minute drive from the Largo Town Center metro station…