3/25/2009

$7.2 million financing secured for Maryland office buildings

by
Holliday Fenoglio Fowler has arranged $7.2 million in financing for two multi-tenant office buildings in southern Maryland on behalf of the owners, Wildewood Development Corp.

The Holly II and Holly III structures total 106,514 net rentable square feet in California, Md. Located at 44427 and 44423 Airport Rd., the structures are within the Wildewood Professional and Technology Office Park less than five miles from the Patuxent River Naval Air Station and the Naval Air Systems Command headquarters.

Holly II, which has 54,221 square feet of office space plus a 3,793-square-foot conference room facility, is 94 percent occupied by tenants including General Dynamics and Lockheed Martin. Holly III has 52,293 square feet of fully leased office space. The major tenant at Holly III is ARINC.

Address: 44427, 44423 Airport Rd., California, Md.

Size: 106,514 square feet

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Filed Under: Office

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