Edge, recently acquired by KLNB, has brokered the sale of 811 Russell Ave, a 32,000 square foot suburban office asset in Gaithersburg. The property sold for a $4.075 Million to purchaser, Russell Plaza LLC who was represented by Larry Rosen of Commercial & Investment Realty Associates, LLC. 811 Russell Ave is a 32,000 square-foot office building leased to local office and retail businesses. The three-story building was built in 1997 and is situated in Gateway Center on 1.20 acres with a C-2 zoning. It is located less than one mile to Interstate 270 in the Montgomery Village neighborhood of Montgomery County and in Gaithersburg, which is known as an internationally-recognized biotechnology hub, benefiting from its proximity to federal research facilities and regulatory agencies in Gaithersburg and broader Montgomery County.
“The asset is home to a diverse mix of professional services, medical, and retail tenants that serve the local community,” stated Joe Friedman of Edge. “Montgomery Village is seeing tremendous interest from developers to redevelop and reposition underutilized land in a densely populated submarket of Montgomery County, located immediately off I-270 with a diverse employment base. There is a lot of runway for growth in the area,” he added.
Joe Friedman, and Joshua Norwitz, of Edge teamed up with Ken Fellows with Edge’s Suburban Maryland landlord advisory team as the exclusive agent of the seller, an affiliate of Finmarc Management, Inc. Joe Hoffman of Kelley Drye & Warren LLP provided legal advisory services for the transaction on behalf of the Finmarc Management affiliate. 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. Edge was recently acquired by KLNB. For additional information, visit www.edgecre.com. To learn more about KLNB, visit www.klnb.com.
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FEST OF SPRING Caribbean Wine Food & Music Festival
Get ready to experience the vibrant colors, tantalizing flavors, and infectious rhythms of the Caribbean at the FEST OF SPRING Caribbean Wine Food & Music Festival! Hosted by RHU LLC, this exciting festival is set to take place on May 18, 2024, at the picturesque 16700 Barnesville Rd in Boyds, MD.
Step into a world where the Caribbean spirit comes alive! From 12:00 PM onwards, immerse yourself in a sensory journey that celebrates the unique culture, cuisine, and music of the Caribbean. Whether you're an African American, a Reggae or Soca music enthusiast, a wine lover, or part of the vibrant Caribbean diaspora, this festival promises to delight and captivate you in every way.
Let the enticing aromas of mouthwatering Caribbean dishes tantalize your taste buds. Feast on traditional delicacies prepared by expert chefs, showcasing the rich and diverse culinary heritage of the Caribbean. Indulge in flavorful jerk chicken, succulent seafood, and delectable plantain dishes that will transport you straight to the islands.
Accompanying the culinary extravaganza is a carefully curated selection of premium wines, ensuring the perfect pairing for your palate. Sip on fine wines from renowned vineyards, each sip a reflection of the Caribbean's vibrant spirit. Discover new flavors, expand your wine knowledge, and savor unforgettable moments with every glass.
As the sun sets, get ready to groove to the infectious rhythms of Caribbean music. Feel the pulsating beats of reggae, soca, dancehall, and calypso, moving your body to the lively melodies. Live performances by talented musicians and performers will keep the energy high, ensuring a night of unforgettable entertainment.
Don't miss this opportunity to embrace the Caribbean spirit and celebrate the arrival of spring in style! Tickets are available on AllEvents, so secure your spot today. Join us at the FEST OF SPRING Caribbean Wine Food & Music Festival, where cultures collide and unforgettable memories are made.
LIVE PERFORMANCES By: CULTURE Feat. Kenyatta Hill, EXCO LEVI, IMAGE BAND, RAS LIDJ REGG'GO with Special Guest SUGAR BEAR FROM E.U. & MORE! & MORE!
MUSIC By: DJ ABLAZE, DJ SMALLY & NAJ SUPREME
2 NIGHT Camping packages available: RV/CAMPER $200 | TENTS $150 Starting on Friday May 17 @ 5pm | 30 RV SPACES | 30+ TENT SPACES
KIDS 12 & UNDER FREE!!!
