MacRo LTD Blog

MacRo Ltd. Announces Recent Sale of 15,000 SF Office Condominium Building

MacRo, Ltd. is pleased to announce the sale of 5210 Chairmans Court, Frederick, Maryland to Comstar Federal Credit Union on February 1, 2011.

The total sale price was $2,670,000 for the 15,011 square foot two level building.  The property included three office condominium suites:

Suite 1:  4,415 SF for $925,000  ($209.51/SF)      Seller – MP Holdings, LLC

Suite 2:  4,067 SF for $820,400  ($201.72/SF)     Seller – ARMCO, LLC (Rocky Mackintosh)

Suite 3:  5,995 SF for $924,600  ($154.23/SF)      Seller – Hackers, LLC

In addition there is a minimal core factor of 4% or 534 SF.

The real estate was developed by MacRo, Ltd. in 2000.

For additional information on the specifics of the transaction contact Rocky Mackintosh at 301-748-5655 or rocky@macroltd.com.