The Quince Diamond Executive Center, a six-story office building located at 555 Quince Orchard Road in Gaithersburg, has sold for $7.56 million in an online auction, according to Maryland Newsletters.
Real Estate
Marcus & Millichap has announced the $2 million sale of The Flower House, a 20-unit multifamily property located at 8212 Flower Avenue in Takoma Park, Maryland.
Address: Lot 4 Newgate Road
Neighborhood: Glen Hills
Type: 5 BR, 5 (+1 half) BA single-family detached – 4646 sq. ft.
Listed: $1,995,000
Noteworthy: New Construction – Luxury Design / Build Home
Prestigious Glen Hills locale! Luxury design / build home by Whitehall Building & Company can be tailored to your specifications, and delivered in 12-14 months, see their website for additional information. Our standard is anything but, boasting elegantly appointed spaces for today’s discerning buyers. Timeless finishes, modern proportions – all designed to elevate your everyday. True gourmands’ kitchen boasts walk- in pantry, high end appliances, quartz countertops, oversized island with seating. Palatial main level primary suite with spa- inspired bathroom featuring two vanities, free standing tub, shower enclosure, connected walk in closet. Up to five en suite bedrooms across all three levels. Dramatic, double height ceilings in foyer and family room. Main level laundry. Wide plank flooring throughout. Side entry, two car garage. Over 4,600 square feet of living on a 0.92 acre lot! Plans (as shown) can be adapted to add a screened porch, additional garage bays. See interior photos for examples of recently completed homes. Large, lush corner lot – your new property allows for abundant outdoor spaces, activities. A short stroll to Glen Hills Park, with tennis courts, playground. Convenient to all of Bethesda, Rockville, Potomac, DC. From adjacent Lakewood Country Club – with memberships available – to Pike & Rose, Park Potomac, Wildwood, Montgomery Mall, and Glenstone Museum – sport, cultural, entertaining, shopping, dining options abound. You live here.
Listed by:
Ryan Sporre – Engel & Völkers
[email protected]
(202) 352-3156
As autumn settles across the region, the Montgomery County and Washington, D.C. housing markets are showing signs of seasonal slowdown. According to the latest report from the Greater Capital Area Association of REALTORS® (GCAAR), homes in September 2025 took noticeably longer to sell than they did a year earlier, signaling a market that’s stabilizing after several years of intense competition.
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A major redevelopment is underway in Rockville, where Bethesda-based developer EYA LLC has purchased three parcels in the Decoverly Hall office campus for $18 million with plans to build over 200 townhomes, according to a Biz Journals report.
With the median days a home is on the market inching up to 23 – a 27.8% increase over July 2025 – only 1,392 closed sales in August 2025, and 4,336 active listings in Montgomery County, MD and Washington, D.C., housing inventory is plentiful in the region, according to new data from the Greater Capital Area Association of REALTORS® (GCAAR).
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The property that houses Pines of Rome, a Bethesda dining landmark with more than five decades of history, has been listed for sale with an asking price of $3.75 million. Located at 4918 Cordell Avenue, the freestanding building offers 4,012 square feet of space on a 5,250-square-foot lot. A representative from The Restaurant Broker, which is handling the listing, tells us the sale is due to Chef/Owner Marco Troiano’s plan to retire.
In May we let you know of a Schematic Development Plan (SDP) by Peterson Cos. to develop parts of Rio Lakefront with up to 500 multi-family residential units apartment units and 43,000 SF of retail uses in four buildings located throughout the Washingtonian Center. The City of Gaithersburg has provided an update that consists of several exhibits of public comments made by community members on the proposal (links to comments available below).
The latest housing data from July indicates that the average number of days a home stays on the market in Montgomery County, Md. and Washington, D.C. has increased to 31 days, a 35% increase above the five-year July average of 23 days, according to new data from the Greater Capital Area Association of REALTORS® (GCAAR).
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Sansone Group, based in St. Louis, in partnership with Silver Spring-based Priseda, acquired a 214,000 SF Tier 4 data center located at 12401 Prosperity Dr. in White Oak/Silver Spring MD for $29 million, according to Biz Journals.
Kalyan Hospitality, a Virginia-based hotel ownership and management group, has announced the acquisition of the SpringHill Suites by Marriott Gaithersburg– located at 9715 Washingtonian Blvd in Gaithersburg. Maryland Newsletters reports the sale was for $6.5 million.