1701 & 1711 Research Boulevard
In 2003 Moore purchased the 104,000 square foot headquarters of Banner Life Insurance Company on I-270 in Rockville, Maryland.
A sale-lease-back with Banner provided an attractive cash-on-cash return. Moore subdivided the land and designed a new Class A 176,000 square foot office building, bringing the total office area to 280,000 square feet on the original ground.
Speculative development of 1711 Research Boulevard was planned for 2005; however, Moore postponed construction due to an anticipated market weakening.
In 2011 Moore sold both properties to an investment firm.
1701 & 1711 Research Blvd
Rockville, MD 20850
280,000 Square Feet
Average floor plate:
52,382 Square Feet
3.5/1,000 Square Feet Parking Ratio