30 West Watkins Mill Road
A 97,000 square foot laboratory converted to multi-tenant office.
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.
30 W Watkins Mill Rd
Gaithersburg, MD 20878
97,000 Square Feet
Average floor plate:
30,679 Square Feet
3.5/1,000 Square Feet Parking Ratio