BETHESDA, MD—Montgomery Tower's owners have secured $103.5 million in financing for the recently renovated 12-story building located at 4550 Montgomery Ave.
MRP Realty and Rockpoint Group tapped DTZ's John Campanella to arrange financign for the building, Montgomery Tower at Bethesda Crossing. A global commercial bank provided the loan for the 366,161-square-foot building.
Earlier this year, MRP Realty and Rockpoint Group sold two of the three office towers that comprise Wisconsin Towers at Bethesda Crossing to J.P Morgan Asset Management. MRP and Rockpoint retained ownership of the Montgomery Tower and MRP Property Management continues to manage the entire three-building property.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
