"We entrusted the principal's at EDGE to develop the real estate strategy for our Maryland portfolio. The results...a decade long relationship, over 650,000 sq. ft. of leasing, nearly $500 million in transactions, the largest lease transaction in Maryland, and two Sales Transaction of the Year Awards. The results speak for themselves."

- Weldon Humphries, (Former) Senior Vice President, Choice Hotels International

One Town Center – Bowie, Maryland
This is a fully stabilized property located directly adjacent to Bowie Town Center, a 900,000 square unenclosed shopping center that is considered one of the premier retail destinations in the region. At the time of the acquisition, the property was 100% leased with average rental rates 20% below their market value. The strategy for this property was to roll rents up to market as leases expire. Considering the location and the stability of this property, this was a core asset acquisition scheduled for a long-term hold.

Core Asset Acquisition
Acquired through a competitive bid process
101,657-sq. ft. office building acquired for $23,500,000 in
September 2005
Acquired under a Tenants in Common (TIC) structure
Class A multi-tenant office building
Anticipated average net cash on cash return is 10.12% over a 10 year holding period
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