Acquisitions

Centre Park I & II

Columbia, MD

Centre Park ICentre Park IICentre Park I

Details

Asset Class:

Office

Size:

67,000 sq. ft.

Centre Park I & II were acquired as a value add opportunity when the real estate market was still in the RTC recovery phase. JPB was able to reposition the buildings and tenant mix, leading to increased rents and value. The building was sold five years after the acquisition.