Inglewood Office Center Commands $38.5M Financing Package

LANDOVER, MD-On behalf of property owner MTM Builder/Developer Inc. Holliday Fenoglio Fowler has managed to secure $38.5 million in financing for the seven-building Inglewood Office Center. Salomon Smith Barney provided the acquisition loan, which carries a five-year, adjustable rate term. The complex was built in phases and reached ultimate completion in 1987.

Located within close proximity to the Nation’s Capital, Inglewood Office Center sits in a convenient spot off I-95. The nearly 537,000-sf campus–which is presently leased to 90% capacity–consists of two office structures totaling 218,157 sf, and a five-building office/technology grouping totaling 318,576 sf.