William E. Kaye, Bruce Strasburg and Steen Watson of Trammell Crow Co. were the sole brokers on the deal. As part of WesTech Business Park--which currently features 500,000 sf of space, with the option to accommodate and additional 700,000 sf--the group of buildings boasts an easily accessible location off Route 29 in the North Silver Spring submarket. The 97% occupied portfolio includes: the 55,700-sf Allegany at 2221 Broadbirch; the 32,200-sf Crestridge at 12041 Bournefield; the 39,200-sf Dorchester at 12200 Plum Orchard and the 32,600-sf Garrett I at 11941 Bournefield. Also included are Garrett II with 46,200 sf at 11921 Bournefield, Garrett III with 63,800 sf at 11900 Bournefield; the 26,200-sf Harford I at 2331 Broadbirch; the 29,300-sf Harford II at 2301 Broadbirch; and the 38,100-sf Talbot at 12120 Plum Orchard.

"This sale is part of Grosvenor's USA strategy to concentrate our holdings in four major markets--Washington, DC, Chicago, Los Angeles and San Francisco--while focusing on office and retail product," Grosvenor senior vice president Andrew Galbraith says. "In the Washington, DC metropolitan area, we continue to favor mid- and high-rise office buildings in close proximity to urban areas dominated by amenities, residential neighborhoods and Metrorail service."