55,515 Square Foot Acquisition
Mid-Atlantic Properties, Inc. Partners with Caves Valley Partnership and acquires 51,350 square feet of mixed use commercial office and retail space.
Mid-Atlantic Properties, Inc., and the Caves Valley Partnership both commercial real estate development and management firms, announced on Thursday, May 12th that together they had closed on the Lafayette Building situated in Towson, Maryland.
The Lafayette Building, located at 40 West Chesapeake, Towson, MD, is a Class-B office building with units ranging from 500 – 9,000 square feet.
The project represents the first acquisition by Mid-Atlantic Properties, Inc. and the Caves Valley Partnership. Property amenities include close proximity to area retail, restaurants and banking, available on-site parking, and situated near both County Court Houses.
About Mid-Atlantic Properties
Mid-Atlantic Properties, Inc. is a privately owned, full-service development and management company. Established in 1987, Mid-Atlantic Properties has become a prominent owner of office and retail buildings in the greater Baltimore area. Mid-Atlantic Properties purchases existing office and retail properties and land in the Maryland Region. Mid-Atlantic Properties repositions acquisitions by upgrading the appearance and amenities, leasing to high quality tenants, and maintaining a high level of responsive property management.
Learn more about this project here.