77 Upper Rock

Maryland

Property Overview

  • 235,000 square foot office building located in Rockville, MD
  • Located at the interchange of Shady Grove road and I-270
  • Walkable amenities include CAVA, CVS, Firehouse Subs and MOM’s Organic Market
  • Close proximity to major mixed use developments including King Farm, Washingtonian Center and Downtown Crown

Acquisition Details

  • Acquired vacant in July 2017 for $19.5M in a joint venture with Fortress Investment Group

Execution

  • Completed a $6.5M repositioning to include new lobby, conference room, fitness center and restrooms
  • Brought the building to 33% leased to such tenants as M&T Bank, Cisco Systems and Nutritia North America
  • Sold the property in March 2020 for $34.3M

Property Size: 235,000 SF

Details

Location


Maryland

About DSC Partners

DSC Partners LLC is a real estate investment and development company that creates value through acquisition and enhancement of commercial properties in dynamic markets.

Founded by long-time DC real estate veterans Douglas J. Donatelli and Nicholas R. Smith, the company’s integrated approach to real estate investment optimizes long-term, risk-adjusted returns.

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