Thursday, May 12, 2011
HFF represents Moore & Associates, Inc. in $17.5 million sale of 1701 and 1711 Research Boulevard in Rockville, MD
WASHINGTON, D.C. – HFF announced it has closed the sale of 1701 and 1711 Research Boulevard (top left photo), a 104,703-square-foot office building and 177,000-square-foot development parcel in Rockville, Maryland.
HFF marketed the property on behalf of Moore & Associates, Inc. BioMed Realty Trust, Inc. purchased the property for $17.5 million.
1701 and 1711 Research Boulevard are situated on 13.3 acres immediately west of and visible from Interstate 270 about 15 miles northwest of Washington, D.C. in Rockville.
Moore & Associates, Inc. is an owner-managed, full-service commercial real estate investment, development and management firm serving affiliated and independent clients throughout the Washington, D.C. and Austin, Texas metropolitan areas.
BioMed Realty Trust (NYSE: BMR) is a real estate investment trust (REIT) focused on Providing Real Estate to the Life Science Industry®. BioMed acquires, develops, owns and operates laboratory and office space designed to effectively support the demanding needs of a wide range of pharmaceutical, biotechnology and research institutions.
James A. Meisel, HFF Senior Managing Director, (202) 533-2500, firstname.lastname@example.org
Stephen ‘Dek’ Potts Jr., HFF Senior Managing Director, (202) 533 2500, email@example.com
Kristen M. Murphy, HFF Associate Director, Marketing, (713) 852-3500