Finmarc Acquires Industrial Portfolio in Metro DC for $8.6M

by Camren Skelton

ROCKVILLE, MD. — Finmarc Management Inc. has acquired a four-building warehouse portfolio in Rockville, roughly 17 miles north of Washington, D.C., for $8.6 million. Located at 627, 649 and 655 N. Horners Lane and 202 Mason Drive, the portfolio comprises 123,000 square feet. Jay Clogg of Jay Clogg Realty Group Inc. represented the undisclosed seller in the transaction and will handle the property’s leasing assignment. At the time of sale, the portfolio, known as the EU Services Buildings, was fully leased to Envelopes Unlimited, an envelope printing company. The buildings feature ceiling heights ranging from 14 to 24 feet, multiple loading docks, drive-in doors and a 120-space free-surface parking lot.

You may also like