JGB COMPANIES ACQUIRES OFFICE BUILDING FOR $135 MILLION

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Bethesda, Md. — Artery Plaza, an 11-story, Class A office building in downtown Bethesda was sold to JBG Companies for $135 million. Artery Group, sold the property and was represented by the investment sales team of Jim Meisel, Dek Potts and Andrew Pulliam of Holliday Fenoglio Fowler’s Washington, D.C. office. The building features 276,191 square feet of office space and is adjacent to Bethesda Row, a 280,000-square-foot retail development. Artery Plaza is 94 percent leased to tenants including Linowes & Blocher law firm, Cambridge Information Group, PNC Financial, University Research, Edens & Avant, Greystone Servicing Corp. and Artery Group. The property is located at 7200 Wisconsin Avenue.

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