Transwestern Leasing and Managing Property in Rockville, MD
DSC Partners LLC, a real estate investment company focused on acquiring value-add properties across the Washington metropolitan area, announced today major base building renovations are underway at 77 Upper Rock, a 235,970-square-foot Class A office building in Rockville, Maryland.
“The 77 Upper Rock neighborhood has undergone a major transformation into a vibrant, mixed-use community, integrating the office environment with desirable retail, including MOM’s Organic Market, CAVA, CVS and Firehouse Subs -- all within a short walk from the property,” said DSC partner Doug Donatelli. “The upgrades to 77 Upper Rock complete the amenity package that prospective tenants seek.”
story office building include:
- Upgraded exterior
- Updated, expanded lobby
- New two-story lofted tenant lounge with WiFi and café
- 1,500-square-foot lecture hall
- 2,535-square-foot health club with yoga room, locker room, showers and towel service
Located across the street from the 551-unit residential project Gables Upper Rock, 77 Upper Rock is also adjacent to a planned $650 million mixed-use project by Lantian Development and 1788 Holdings.
“The prime location and access to 77 Upper Rock is already a tremendous asset, and the interior improvements offer the most updated offerings in this submarket,” said DSC Partners Director Jennifer Ferrigno. “We look forward to a successful delivery in early 2019
Phil McCarthy, Keith Foery, Ethan Bernardi and Nathan Bortnick of Transwestern are handling leasing on behalf of building ownership. Transwestern’s Colin Diefenbach is leading property management services for the building. 77 Upper Rock renovations were designed by DVA Architects, J2H is managing construction, and Bognet Construction is the general contractor. Jennifer Ferrigno with DSC Partners is overseeing the renovation on behalf of the ownership. The property is currently vacant and available for immediate occupancy.
About DSC Partners
DSC Partners LLC, a recently formed commercial real estate venture founded by Douglas Donatelli and Nicholas Smith, acquires commercial real estate properties throughout the Washington metropolitan area, targeting value-add and Class A opportunities. Donatelli and Smith have acquired, developed or repositioned over 20 million square feet of office and industrial properties totaling over $3 billion. For more information, visit dscpartners.com
About Transwestern
Transwestern is a privately held real estate firm of collaborative entrepreneurs who deliver a higher level of personalized service – the Transwestern Experience. Specializing in Agency Leasing, Tenant Advisory, Capital Markets, Asset Services and Research, our fully integrated global enterprise adds value for investors, owners and occupiers of all commercial property types. We leverage market insights and operational expertise from members of the Transwestern family of companies specializing in development, real estate investment management and research. Based in Houston, Transwestern has 35 U.S. offices and assists clients through more than 211 offices in 36 countries as part of a strategic alliance with BNP Paribas Real Estate. Experience Extraordinary attranswestern.com and @Transwestern.
