Rock Creek Property Group acquires 51,000 SF for Second Precision Labs™

Rock Creek Property Group, LLC (“Rock Creek”) announced it has acquired 51,000 square feet and two floors at 9707 Key West Avenue in Rockville, MD. The property is strategically located in the epicenter of Montgomery County’s life science cluster. This is the second acquisition by Rock Creek’s Fund III and the purchase price was $8.925 million.

The three-story office building is divided into two condominium units owned by separate entities. The unit acquired by Rock Creek, comprises the entire second and third floors each measuring approximately 25,500 square feet. Rock Creek plans to rebrand the space as Precision Labs™ | Shady Grove, adding to its burgeoning first class life science portfolio.

Read the full article at: rockvilleredi.org