• Type

    Office

  • Fund

    Realized

  • Address

    11200 Rockville Pike
    Rockville, MD 20852

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CRI Building

Rockville, MD

Property Overview

In April 1997, Meridian acquired the 184,144 square foot CRI building and an adjacent, vacant two-acre parcel of land. At acquisition, the CRI building was the newest building in its submarket and the closest building to the I-495 Washington, D.C. Beltway, located in Rockville, MD.

At acquisition, the property was 68% leased, and within 15 months of acquisition, Meridian stabilized the building and rezoned the two-acre parcel for sale, and fully exited the investment.