Office
Dorsey Business Center III
6797 Dorsey Rd, Elkridge, MD 21075
Listing Price: Request For Offer
Investment Overview
Marcus Millichap has been exclusively retained by the Receivership of 6797 Dorsey Road in Elkridge, Maryland, also known as, Dorsey Business Center Three (the Property) in the disposition of this 54,449 square foot flex-office/industrial center. At 42% leased, the Property offers a blend of existing tenancy and the upside of prime space in the building yet to be leased. The Property is designed office, alternative, and industrial uses. Recently, flex properties have experience increased demand over traditional lobby office buildings as a result of the COVID-19 crisis.
Dorsey Business Center III
Investment Highlights
- RECENT ANCHOR RENEWALS, 42% LEASED Anchored Parsons (NYSE:PSN) and Commercial Lighting, an established regional firm, both of which recently renewed at the property,
- UNIQUE POSITION TO OFFER VALUE The Receivership sale presents an opportunity for the Property to capture tenancy with a new basis that affords more options and near-term stabilization.
- SCIF IN PLACE, SECURED FIBER ACCESS Originally designed with defense contractors in mind and with secured fiber access to Forte Meade Cyber-Defense Center
Exclusively Listed By
Listing Price: Request For Offer
Investment Highlights
- RECENT ANCHOR RENEWALS, 42% LEASED Anchored Parsons (NYSE:PSN) and Commercial Lighting, an established regional firm, both of which recently renewed at the property,
- UNIQUE POSITION TO OFFER VALUE The Receivership sale presents an opportunity for the Property to capture tenancy with a new basis that affords more options and near-term stabilization.
- SCIF IN PLACE, SECURED FIBER ACCESS Originally designed with defense contractors in mind and with secured fiber access to Forte Meade Cyber-Defense Center
Investment Overview
Marcus Millichap has been exclusively retained by the Receivership of 6797 Dorsey Road in Elkridge, Maryland, also known as, Dorsey Business Center Three (the Property) in the disposition of this 54,449 square foot flex-office/industrial center. At 42% leased, the Property offers a blend of existing tenancy and the upside of prime space in the building yet to be leased. The Property is designed office, alternative, and industrial uses. Recently, flex properties have experience increased demand over traditional lobby office buildings as a result of the COVID-19 crisis.
Exclusively Listed By
