The two single-story flex projects--home to some 47 tenants--consist of eight buildings totaling 275,000 sf on 22.5 acres. The purchaser is a private investment group based in New York. Rumsey Center, built in 1980, is located in the Oakland Ridge Business Center. Snowden Center, constructed between 1984 and 1987, is located in the Seiling Business Park.
Colliers Pinkard officials say the properties generated a lot of interest, a fact they attribute to Columbia's reputation as what they called a "well-balanced" real estate market.
Colliers Pinkard is an affiliate of Colliers International Property Consultants. The full-service commercial real estate firm serves the Mid-Atlantic with three offices in Maryland and two in North Carolina.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
