Colewood Center

Silver Spring, Maryland

Colewood Center

Overview

Colewood Center is a 72,000 square foot medical office building acquired in 1997 when it was 66% occupied and faced an immediate 33% tenant roll.

Colewood Center was fully leased and professionally managed. After 3.5 years it was sold, having earned a 34% IRR.

Property Summary

Address:
10801 Lockwood Dr,
Silver Spring, MD

Market:
Washington, DC

Year built:
1988

Rentable area:
72,000 Square Feet

Stories:
3

Average floor plate:
24,166 Square Feet

Parking:
3.2/1000 Square Feet Parking Ratio