Edge has brokered three new leases at 12301 Old Columbia Pike in the area between White Oak, Fairland, and Calverton (all considered Silver Spring) in Montgomery County. Dance Silver Spring, LLC, an upscale dance studio for children and adults that operates more than 300 studios worldwide, was represented by Jonathan Hamburger of CBRE. Graphic Communications Conference of the International Brotherhood of Teamsters, a union that represents more than 60,000 workers in all craft and skill areas in the printing and publishing industries, and Habesha Spring Driving School, a professional driving school that offers a variety of driving classes for students of all ages were self-represented and are among the new tenants in the building.
Per Edge: Located at the intersection of MD Route 29 and Tech Road, 12301 Old Columbia Pike features nearly 34,000 square feet of commercial office. Renovated in 2021, the asset is less than two miles from MD Route 200 (Intercounty Connector), three miles from Interstate 95, and four miles from the Capital Beltway (Interstate 495). A number of hotels, restaurants, big-box retailers and fitness centers, as well as other amenities, are located within close proximity. The property is also directly across the White Oak Town Center Development, which will house more than 100,00 square feet of new retail amenities.
“12301 Old Columbia Pike continues to attract tenants in a diverse array of industries due to its strategic location in a robust suburb of Washington, D.C., and its immediate access to nearly 1.3 million people within a ten-mile radius,” stated Kenneth Fellows of Edge. “We continue to field strong interest for the last remaining spaces and predict they will go fast due to all the redevelopment and amenities in the area.
The transactions, cumulatively totaling nearly 10,000 square feet of space, elevated the property to 90% occupancy. Kenneth Fellows, Partner, Advisory Services, and Keiry Martinez, Transaction Manager, Advisory Services for Edge, represented landlord, RFF/Old Columbia I, LLC in all three transactions. 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. For additional information, visit www.edgecre.com