Inman

Maryland office building changes hands

Marcus & Millichap arranged the sale of a 40,398-square-foot, mid-rise office building in Bethesda, Md.

The value of the transaction was $11.8 million.

Maryland-based H & M Enterprises sold the property to a private trust buyer.

The four-story property is located at 7220 Wisconsin Ave. in the heart of downtown. The building was constructed in 1960 and renovated in 1996.

The property was 100 percent occupied at the time of sale.

Encino, Calif.-based Marcus & Millichap is a commercial real estate brokerage.

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