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Project Profiles

30 West Watkins Mill Road

Gaithersburg, MD

PROPERTY SUMMARY

  • ADDRESS:30 W Watkins Mill Rd Gaithersburg, MD 20878 ‎
  • MARKET:Washington, DC
  • YEAR BUILT:2002
  • RENTABLE AREA:97,000 Square Feet
  • STORIES:3
  • AVG. FLOOR PLATE:30,679 Square Feet
  • PARKING:3.5/1,000 Square Feet Parking Ratio

Moore acquired 30 West Watkins in 2006 for $15.7 million. The building was a speculative 97,000 square foot laboratory that had failed to lease.

Moore converted the asset to a multi-tenant office product and repositioned it in the brokerage community.

Soon after commencing the multi-tenanting marketing plan, the asset was sold to an office user for $21.4 million.

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PROPERTY SUMMARY

  • ADDRESS:30 W Watkins Mill Rd Gaithersburg, MD 20878 ‎
  • MARKET:Washington, DC
  • YEAR BUILT:2002
  • RENTABLE AREA:97,000 Square Feet
  • STORIES:3
  • AVG.
    FLOOR PLATE:30,679 Square Feet
  • PARKING:3.5/1,000 Square Feet Parking Ratio