Case Study

LEXINGTON PARK, MD / WASHINGTON DC • OVER 70,000 SF

LEXINGTON PARK, MD / WASHINGTON DC • OVER 70,000 SF

CASE STUDY LEXINGTON PARK, MD / WASHINGTON DC • OVER 70,000 SF • PRICE: $7,750,000 SELLER PROFILE BUYER PROFILE PROPERTY PROFILE Private developer who wanted to recycle capital REIT Class A asset built between 2013-2015. 75.4% physical occupancy. Third party managed by a REIT. THE STORY • Number of bids: 9 • Sellers were attempting to negotiate a sale to the REIT/management company. • REIT was “dragging their feet” and sellers got nervous about shifting market. • Sellers engaged SkyView with a mandate to have the property sold prior to year end. • SkyView ran a highly effective marketing campaign and solicited bids in a short time- frame. • Our transaction department tightly managed the due diligence period and closing process to ensure that the deal closed on a short timeline, the

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