Office complex sold in suburban Maryland

Site features 2 mid-rise buildings

Transwestern Commercial Services this week announced it arranged the sale of Quince Tree Executive Center, two office buildings totaling 72,241 square feet in Gaithersburg, Md.  The value of the transaction was $12.6 million. On behalf of 4630 Montgomery Ave LLC, Transwestern sold the property to 806 Quince Orchard LLC for approximately $175 per square foot. The three- and four-story office buildings are located at 806 & 818 West Diamond Ave. Transwestern Commercial Services specializes in agency leasing, property and facility management, tenant advisory, investment and finance, development and research for a broad range of property types, including office, industrial, retail and multifamily. ...