{"id":1004455693,"date":"2020-06-11T04:53:58","date_gmt":"2020-06-11T12:53:58","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004455693"},"modified":"2025-02-26T03:18:39","modified_gmt":"2025-02-26T11:18:39","slug":"tda-arranges-baltimore-mob-sale","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/tda-arranges-baltimore-mob-sale\/","title":{"rendered":"TD&#038;A Arranges Baltimore MOB Sale"},"content":{"rendered":"<div id=\"attachment_1004455708\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/1001-Pine-Heights-Avenue-e1591873400467.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004455708\" data-attachment-id=\"1004455708\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/tda-arranges-baltimore-mob-sale\/1001-pine-heights-avenue\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/1001-Pine-Heights-Avenue-e1591873400467.jpg\" data-orig-size=\"640,480\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"1001 Pine Heights Avenue\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/1001-Pine-Heights-Avenue-e1591873400467.jpg?w=640\" class=\"wp-image-1004455708 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/1001-Pine-Heights-Avenue-e1591873400467.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/1001-Pine-Heights-Avenue-e1591873400467.jpg 640w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/1001-Pine-Heights-Avenue-e1591873400467.jpg?resize=300,225 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004455708\" class=\"wp-caption-text\">1001 Pine Heights Ave.<\/p><\/div>\n<p>Trout Daniel &amp; Associates has brokered the sale of a 31,000-square-foot medical office building in Baltimore. A division of The Goddard Cos. purchased the Class B asset from a private investor. Gary Olschansky of the TD&amp;A Investment Sales Department arranged the off-market transaction, which had been initiated prior to the <a href=\"https:\/\/www.commercialsearch.com\/news\/shutdown-tests-mobs-as-investment\/\">onset of the pandemic<\/a>. According to Yardi Matrix data, the property last traded in 2010 for $2.7 million.<\/p>\n<p>Located at 1001 Pine Heights Ave. on the St. Agnes Hospital campus, the three-story building was developed in 1979 and underwent cosmetic renovation in 2016, Yardi Matrix shows. According to TD&amp;A, the asset was 95 percent leased at the time of sale.&nbsp;The new owner intends to implement interior and exterior upgrades and has selected TD&amp;A to spearhead leasing efforts.<\/p>\n<p>The building is approximately 5 miles southwest of downtown Baltimore, just south of U.S. Route 1. Providing easy ingress and egress to interstates 95 and 695, the location is also accessible through public transportation.<\/p>\n<p><em>If you\u2019d like to be featured in Brokers\u2019 Corner, simply fill in&nbsp;<\/em><a href=\"https:\/\/www.surveymonkey.com\/r\/BrokersCorner\" target=\"_blank\" rel=\"noopener\"><strong><em>our short form<\/em><\/strong><\/a><em>&nbsp;or send your deal to&nbsp;<\/em><a href=\"mailto:deals@cpe-mhn.com\" target=\"_blank\" rel=\"noopener\"><strong><em>deals@cpe-mhn.com<\/em><\/strong><\/a><em>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gary Olschansky of the firm\u2019s Investment Sales Department facilitated the disposition of the 31,000-square-foot asset.<\/p>\n","protected":false},"author":870,"featured_media":1004365520,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1579,21743,21754,11,21742],"tags":[49549],"class_list":["post-1004455693","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-baltimore","category-deals","category-medical-office","category-midatlantic","category-latest","tag-the-goddard-cos"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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