Maryland business park sells at $120 PSF

Occupancy high at closing

Cohen Cos. sold a nine-building mixed-use portfolio in Lanham, Md., for a price of $68 million, brokerage Transwestern announced today. The property, Washington Business Park, comprises 565,991 square feet in two office buildings and seven flex buildings. BECO Management Inc. purchased the 47.6-acre property at 89 percent occupancy. Among the tenants were CACI Enterprise Solutions, Verizon Directories Services and Science Applications.*** What's your opinion? Leave your comments below or send a letter to the editor. ...

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