Auction Sale Slated for Overlook Center

COLUMBIA, MD-Overlook Center will be offered up at an auction conducted by Virginia Beach, VA’s Tranzon Fox next month. The 68,887-sf office building has been in the hands of various brokers over the past several months, but now the owner is highly motivated to sell and will take bids at the on-site event starting at Noon on February 20.

Situated on 6.8 acres in Howard County’s “Columbia Perimeter” submarket, the 19-year old office structure offers four floors of space and has 86% occupancy. While Tranzon Fox officials are not releasing the name of the seller, company president Steven I. Fox did tell GlobeSt.com his client is “an international life insurance/investment management and asset management company, and it has ordered the property sold by the end of the first quarter.”