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Symphony Woods Office Center Sold
Colliers Pinkard, 2008-09-30
by Liz Murphy

Baltimore, Maryland

Colliers Pinkard is pleased to announce the sale of the Symphony Woods Office Center to Washington Capitol Partners, LLC.  Symphony Woods Office Center is located at 5950 Symphony Woods Road in the Columbia Town Center. The 93,850-square-foot, 94% leased, Class A building was sold by Liberty Property Trust for $15.6 Million or $166 per square foot.

Symphony Woods Office Center is a six-story, multi-tenanted office building which came to the market with a six year average occupancy exceeding 92%, demonstrating its stability and market place position.

Jon Carpenter, Jay Wellschlager, Phil Iglehart and Dennis Malone of Colliers Investment Services Group (CISG) represented Liberty Property Trust in this assignment.

“With the continued uncertainty in the credit markets, the very strong interest level generated for Symphony Woods was a testament to the quality of the asset and the deliberate and detailed process in which it was presented to the market place” said Vice President Jon Carpenter.

CISG is among the leaders in connecting capital with real property.  With over 45 members nationwide completing billions of dollars in investment sales transactions, CISG professionals provide unparalleled breadth and depth of services to both private and institutional clients. 

About Colliers Pinkard

Colliers Pinkard is a leading commercial real estate firm in the mid-Atlantic region, with offices in Maryland and North Carolina.  The firm provides real estate solutions to its clients locally and globally. Areas of expertise include consulting, corporate solutions, investment services and management services, as well as property and tenant representation. Colliers Pinkard is an affiliate of Colliers International, a global alliance of independently owned commercial real estate firms.

About Colliers International

Colliers International is a global affiliation of independently owned commercial real estate firms. The organization's 10,092 employees span the world in 267 offices in 57 countries. On a worldwide basis, Colliers manages 672,945,918 square feet, and has revenue of $US 1,620,958,349.

Contact Information Liz Murphy
410.752.4285
lmurphy@collierspinkard.com

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