The four-story, 20-year-old building, which sits on a 6.8-acre plot in Howard County's Columbia Perimeter submarket, carries a current assessment value of $5.3 million. The structure is leased to near capacity, with space in the building renting for about $20.50-per-sf. Tenants include Principal Residential Mortgage, which has a 9,500-sf space and the Institute for Regulatory Science, which occupies a 4,500-sf space. Both companies renewed their leases in long-term agreements at the end of 2001.
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