www.marejournal.com Real Estate Journal — August 12 - 25, 2016 — 15A Also represents American Society of Health-System Pharmacists in HQ relocation Cushman & Wakefield reps ASHP in $105.5m sale of the Apex Building to Carr Properties B ETHESDA, MD — Cushman & Wake- field announced that M id A tlantic
DC, North Bethesda, Rock- ville, Friendship Heights and Gaithersburg. The building also offers access to I-495 and I-270, just off of Wisconsin Ave. “We are thrilled to be a part of such a dynamic move for ASHP,” said Paul Collins. “We feel that the sale and relocation allows them the op- portunity to create a modern and efficient work space with a full complement of ameni- ties and the added benefit of not having to live through the Purple Line construction over the next several years. In return, Carr gets the best de- velopment site in Bethesda.” Cushman & Wakefield’s representation of ASHP in its headquarters relocation included a long-term 67,744 s/f lease on the top three floors of 4500 East West Highway. The 228,044 s/f, nine-story LEED Platinum certified trophy office building was developed and is owned by an affiliate of Carr Properties. n
it represented the American Society of Health-System Pharmacists (ASHP) in the $105.5 million sale of the Apex Building in Bethesda, to Carr Properties . Addition- ally, Cushman & Wakefield represented ASHP in its headquarters relocation. Bill Collins , Paul Collins , Drew Flood and Shaun We inberg represent ed ASHP in the sale of 7272Wis- consin Ave., while Laurie McMahon and Stephanie Heffernan represented them in a headquarters relocation to 4500 East West Highway in Bethesda. The Apex Bui lding , a 162,614 s/f, class-A office building, currently 100% leased, is located on a two- acre site in the heart of downtown Bethesda with numerous area amenities including high-end shop- ping, restaurants, hotels, BERLIN, MD — Wesley Cox, CCIM , senior advisor with the Hanna Team at SVN | Miller Commercial Real Estate announced the sale of the former Merial Select Facility in Berlin. The 68,115 s/f facility is located on 22.19 acres on Rt. 50 and was sold to Sonrise Church for $1.5 million. David Dyp- sky of Newport Bay Re- alty represented Sonrise Church. The facility was previ- ously used for the research and production of poultry vaccinations since the site was developed in 1960, but it was determined due to functional obsolescence that the site was no longer a good fit for that use. Wesley and the buyer’s agent Dypsky overcame a number of chal- lenges over the course of the 15 month negotiation and contract period, including working through complex
Apex Building
theatres, art galleries, parks and bike trails. It is just three
blocks from the Bethesda Metro station (Red Line and
future Purple Line), with direct access to Washington,
SVN|Miller represents the owner in $1.5 million sale of the former Merial Select Facility on 22.19 acres in Berlin, MD
Merial Select Facility in Berlin, MD
2129 West Zion Road
contract language between a France-based Fortune 100 company and a local church, getting the property rezoned and zoning text amendment allowing for a church use in the B-2 commercial zone, as well as securing financing for the buyer. “This has been the most rewarding sale of my career,” said Wesley Cox. “I had the pleasure to work with
not only the highly profes- sional corporate executives at Merial Select, but also the amazing leaders at Sonrise. I couldn’t be happier to help Sonrise Church find a per- manent home to continue serving the community.” SALISBURY, MD — SVN | Miller Commercial Real Estate senior sdvi- sors Henry Hanna, CCIM, SIOR and JohnMcClellan,
Glass, represented by Mc- Clellan. They will be relocat- ing from their current busi- ness location at 1923 North Salisbury Blvd. Delmarva Auto Glass was established in 1983 and currently oper- ates four locations on Del- marva. They purchased the West Zion Rd. property for $1.05 million and plan to fully relocate their business there by late summer. n
CCIM collaborated to sell the former Choptank Facil- ity located at 2129 West Zion Rd. in Salisbury. Choptank Electric Cooperative was represented by Henry Han- na, who has assisted with a multi-year consolidation of several lower shore facilities into one centralized location on Walston Switch Rd. The 4.2 acre property was purchased by Delmarva Auto
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