Edge, a full-service commercial real estate firm with offices in Washington D.C., Virginia, Maryland and Pennsylvania, has brokered the sale of 655 Horners Lane in the Rockville section of Montgomery County, Maryland for $5.125 million. Kenneth Fellows and Robert Pugh, both Partners, Advisory Services for Edge, represented the buyer, NBGA Holdings, LLC and Jay Clogg of Jay Clogg Realty Group, Inc. represented the seller, Finmarc Management, Inc. in this sales transaction.
655 Horners Lane is a single-story, 33,000 square foot industrial building equipped with 18-20 foot clear ceiling heights, four loading docks and three drive-in loading doors and approximately 5,000 square feet of second floor space suitable for light assembly or office use. The new owner will occupy the entire building, which will house the complete operations of Quality Air Services, a full-service heating, ventilating and air-conditioning contractor servicing both businesses and residences throughout the suburban Maryland and Washington, D.C. region.
The building, which is surrounded by a free, surface parking lot is located within close proximity to MD Routes 28 and 355 and is several minutes from an Interstate 270 exit. Both the Rockville Metro Station and Rockville Commuter Rail Station serving the MARC system are less than one mile away. In addition, Ronald Regan Washington National Airport can be accessed in 25 miles and Washington Dulles International Airport is situated approximately 30 miles away. The Port of Baltimore can be reached in less than one hour.
“The new owner acquired an excellently-maintained industrial building that is perfectly suited to support all day-to-day operations for a full-service HVAC contractor, and is an asset that provides a solution to its real estate needs for years to come,” stated Kenneth Fellows of Edge. “The building’s strategic position in Montgomery County provides a central location for Quality Air Services to service an extreme wide radius throughout an economically-vibrant region.”
Edge is a commercial real estate firm providing a full complement of advisory, leasing, investment sales, management, construction, property management and engineering services to clients throughout the Washington, D.C., Maryland, Northern Virginia, and Pennsylvania marketplaces. Founded in 2007, the company currently leases and manages more than 8.5 million square feet of commercial office, flex/office, industrial/warehouse, retail and mixed-use space. Visit www.edgecre.com.
