Transwestern to Provide Leasing and Management Services for 77 Upper Rock in Rockville
Transwestern today announces it has been retained to provide leasing and property management services for 77 Upper Rock, a 232,282-square-foot office building in Rockville, Maryland. Transwestern’s Phil McCarthy, Keith Foery, Ethan Bernardi and Nathan Bortnick are handling leasing on behalf of building ownership, DSC Partners, a newly-formed company led by former First Potomac executives Doug Donatelli and Nick Smith. Transwestern’s Colin Diefenbach is leading property management services for the building.
“The area surrounding 77 Upper Rock is undergoing a major revitalization,” said McCarthy. “What was once a large swath of older office buildings near the Shady Grove Metro Station is now set to become a walkable, mixed-use environment. There are a number of amenities planned within a block of 77 Upper Rock – MOM’s Organic Market, Cava Mezze, CVS and an existing residential project, The Gables. In addition, an adjacent $650 million mixed-use project by Lantian Development and 1788 is in the works now.”
Built in 2005, 77 Upper Rock is an eight-story, Class A LEED Silver-certified office building. The property is currently vacant and available for immediate occupancy. DSC Partners will undertake a base building renovation to add best-in-class fitness facilities, conference rooms, tenant common areas, green space and amenities.
ABOUT DSC PARTNERS
DSC Partners LLC is a real estate investment group that creates value through acquisition and enhancement of commercial office properties in dynamic urban markets in the United States. Founded by long-time DC real estate veterans Douglas J. Donatelli and Nicholas R. Smith, the company’s integrated approach to retail real estate investment optimizes long-term risk adjusted returns.
ABOUT TRANSWESTERN
Transwestern is a privately held real estate firm of collaborative entrepreneurs who deliver a higher level of personalized service – the Transwestern Experience. Specializing in Agency Leasing, Tenant Advisory, Capital Markets, Asset Services and Research, our fully integrated global enterprise adds value for investors, owners and occupiers of all commercial property types. We leverage market insights and operational expertise from members of the Transwestern family of companies specializing in development, real estate investment management and research. Based in Houston, Transwestern has 35 U.S. offices and assists clients through more than 180 offices in 37 countries as part of a strategic alliance with BNP Paribas Real Estate. Experience Extraordinary at transwestern.com and @Transwestern. For updates from the Mid-Atlantic region, follow @TranswesternDC.
