Rosso Commercial Real Estate Facilitates $3.7M Sale of Annapolis Medical-Office Building

The recent sale of the ‘West Court’ medical-office building in Annapolis, Maryland, for $3.7 million underscores the vibrant market for well-positioned commercial real estate in the region. Rosso Commercial Real Estate Services (RossoCRE) orchestrated the transaction, showcasing the property’s appeal to both investors and owner-users due to its strategic location and flexible use potential.

Located at 2448 Holly Avenue, the 4-story, 30,731-square-foot building is situated in the heart of Annapolis’ Town Centre district, offering high visibility and easy access to major routes including Route 2, Route 50, and I-97. This accessibility, combined with the property’s zoning flexibility and ample parking, made it an attractive option for a variety of commercial uses.

Ryan Brassel and John Rosso of RossoCRE, who had previously managed leasing for the property, spearheaded the sale. Their efforts culminated in securing a 1031 exchange buyer, a testament to the building’s investment appeal. The property was approximately 50% leased at the time of sale, presenting immediate occupancy opportunities for large-format medical or office tenants.

This transaction not only reflects the ongoing demand for adaptable office spaces in Annapolis but also marks a significant milestone for RossoCRE, pushing the firm’s 2025 sales volume beyond $30 million. The sale of ‘West Court’ is a clear indicator of the robust commercial real estate market in Anne Arundel County, driven by properties that offer strategic locations, flexibility, and growth potential.

Blockchain Registration, Verification & Enhancement provided by NewsRamp™

This news story relied on content distributed by None. Blockchain Registration, Verification & Enhancement provided by NewsRamp™. The source URL for this press release is Rosso Commercial Real Estate Facilitates $3.7M Sale of Annapolis Medical-Office Building.

Related posts

5 Misconceptions About Credit Report Checks
Steelcase Surpasses Q1 FY26 Expectations with Robust Margins and EPS Growth
HG Insights Launches AI Copilot for Enhanced Revenue Growth Intelligence
American Battery Materials Expands Focus to Magnesium Recovery in Utah’s Paradox Basin