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Allwin Bldg. Sells in Bethesda

7830 Old Georgetown Road Sells for $8.6 Million
By Edwin Gotico
May 24, 2002 | 3:39 P.M.

7830 Bethesda LLC purchased 7830 Old Georgetown Road in Bethesda, MD for $8.6 million or $159.88 per square foot. Drew Flood and Mark Sullivan of Cassidy & Pinkard Inc. represented the seller, GE Capital Realty Group. Know as the Allwin Building, 7830 Old Georgetown Road is a 53,165-square-foot, 4-story office building in the heart of Bethesda. Built in 1985, this building features surface parking at 2/1000 and covered parking at $110 per month. A total of 6 tenants currently occupy 7830 Old Georgetown Road. Eagle Design and Management occupy approximately 65% of the property and its lease expires in July 2006.

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