Transwestern’s Mid-Atlantic Capital Markets Group is pleased to present the fee simple interest in the North Park Portfolio (the “Portfolio” or “Properties”), a three building, office portfolio totaling 295,392 square feet in the heart of Hunt Valley, Maryland. This investment opportunity provides optionality for buyers:
Operate as Office: The Portfolio is currently 63% leased with 5.0 years of WALT providing significant leasing upside for investors with a strategic plan to
rebrand the park as the Hunt Valley area continues to grow.
Convert to Residential: An investor can rezone the 23.0-acre site to residential or senior living like the Avalon Hunt Valley and Bright View Senior Living
developments across the street at the Hunt Valley Towne Centre. Further, the Portfolio is situated on three land parcels providing the owner the opportunity
to phase-in rezoning and development.
In short, the North Park Portfolio provides an investor with immediate scale in one of the strongest submarkets north of Baltimore.
Investors may bid on all three buildings or individual buildings.