BALTIMORE, MD—ASB Real Estate Investments has sold three of its properties at the Troy Hill Tech Center to two separate buyers for a total of $34.15 million.

The 175,003-square-foot portfolio is located in the 20-building Troy Hill Tech Center, which totals more than 800,000 square feet. Boyd Watterson Asset Management LLC purchased 7145 and 7175 Troy Hill Dr., which consists of 51,361 square feet and 80,369 square feet, respectively. Merritt Properties acquired the 43,273-square-foot building at 7195 Troy Hill Dr., according to Transwestern, which represented ASB Real Estate Investments in the disposition deals.

The properties are anchored by Comcast in a long-term lease, which was part of their appeal to the buyers, according to Glagola.

Financial details on the trades of the individual buildings were not disclosed. Managing director Mark Glagola and senior vice president Tom Gentner of Transwestern's Mid-Atlantic Investment Services Group brokered the deals.

ASB Real Estate reported earlier this year that international law firm Simpson Thacher & Bartlett LLP signed a 15-year lease for 40,000 square feet at 900 G Street, N.W. in Washington, DC. The property is being developed by ASB Real Estate Investments and MRP Realty.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

Washington, DC