Greysteel, a national commercial real estate investment services firm, has been named exclusive advisor and agent by RBCI Corporation for the sale of The Meadows of Cambridge, a 100%-occupied Class A multifamily property located in Cambridge, MD.

Greysteel Co-Founder, Ari Firoozabadi; Director, Rawles M. Wilcox; and Investment Associates, Alicia Orkisz and Ari Azarbarzin; of the Company’s Washington, D.C. office, are marketing the property.

The Meadows of Cambridge totals five garden-style buildings and 60 units with one-, two-, and three-bedroom floor plans. The elevator-serviced property is broken into two parts, the 26-unit Gallium complex, which was constructed in 2009, and the 34-unit Primrose structure, built in 2012. Property amenities include a swimming pool, outdoor grilling area, on-site parking, community pond, and on-site management office. Located at 5242 Woods Road, the property sits just off Route 50, the primary transit corridor linking Cambridge to the rest of the Delmarva Peninsula as well as Annapolis, Baltimore, and Washington, D.C.

“The Meadows of Cambridge provides the opportunity to acquire one the few Class A assets on the Eastern Shore. This one of a kind property affords the purchaser a unique opportunity to gain immediate returns on existing cash flow while constructing 132 additional units on the adjacent entitled developable land,” said Mr. Wilcox. “Since leasing up, the fully occupied community proves demand for new product in Cambridge, MD,” he added.

About Greysteel:

Greysteel is a commercial real estate and capital markets services firm with seven offices located in Los Angeles, CA; Washington, D.C.; Baltimore, MD; Philadelphia, PA; Dallas, TX; and Fort Worth, TX. Greysteel serves and advises private and institutional real estate investors and developers in the marketing, sale, and financing of private capital and middle-market real estate assets.www.greysteel.com