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$39M Pushes Two Rockledge Centre Into New Hands

BETHESDA, MD-Two Rockledge Centre a 247,100-sf office building at 6701 Rockledge Dr., finds a new owner. GE Asset Management acquires the 100% occupied facility, which has a current assessed valued of $39 million.

By Barbra Murray | Updated on November 29, 2005

BETHESDA, MD-GE Asset Management has acquired the 247,100-sf office building known as Two Rockledge Centre. According to Montgomery County property records, the building and the nearly six-acre parcel it occupies have a current assessed value of $39 million.

With the assistance of CB Richard Ellis’ Institutional Group, TIAA-CREF’s TIAA Realty Inc. sold the fully occupied structure for an undisclosed amount. Located at 6701 Rockledge Dr., Two Rockledge Centre sits off I-270 near the one million-sf Montgomery Mall. The 10-story structure was developed in 1986 with the National Institutes of Health as the sole tenant for the last decade.

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