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Tritower Financial sells Gaithersburg biotech buildings to Alexandria Real Estate Equities for $53.25M – Washington Business Journal

By January 20, 2020News
Tritower Financial sells Gaithersburg biotech buildings to Alexandria Real Estate Equities for 53 25M Washington Business Journal

Tritower Financial sells Gaithersburg biotech buildings to Alexandria Real Estate Equities for 53 25M Washington Business Journal

The seller converted the office space — leased heavily by local biotech companies — to lab suites, then sold the buildings just three years after buying them.

Image: The buildings at West Watkins Mill Road and Clopper Road collectively sold for $53.25 million. COURTESY TRITOWER FINANCIAL

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