Edge Property Services Group Wins Asset Management Contracts For Two Industrial Properties In Montgomery County, Maryland

5/26/20


12006 Plum Orchard Drive

Edge, a full-service commercial real estate firm with offices in Washington D.C., Virginia, Maryland and Pennsylvania, has been selected to provide comprehensive property management and engineering services to two industrial properties located in Montgomery County, Maryland. The assets are 12300 Carroll Avenue, a warehouse building situated in Rockville and 12006 Plum Orchard Drive, a warehouse/retail building located in White Oak. Christina Martin, Director of Property Management will oversee the property management team and Shaun Comer, Director of Engineering will direct the facilities and engineering team for both requirements.

Both assets were acquired by HRC Carroll LLC in recent weeks with the Edge Capital Markets team led by Joe Friedman and Will Kostrzewsky representing the seller and procuring the buyer in both transactions. 12300 Carroll Avenue is a 22,000 square foot building that is presently 87% leased to three tenants and 12006 Plum Orchard Drive is a 30,700 square foot building that is currently 100% leased and occupied.


12300 Carroll Avenue

“The new owner embraced the full-service approach employed by Edge and, given our familiarity with both assets during the acquisition process, we were selected to oversee the property management function,”explained Christina Martin, Director of Property Management for Edge Property Services Group. “We intend to leverage our resources and technology buying power to provide timely and proactive asset management solutions to these properties.”

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.

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