In-Rel Properties has purchased a Bethesda, Maryland, office building for roughly $100 million less than the property traded for in 2019, according to CoStar data, an extreme price drop indicative of the challenges facing office owners who are looking to move their properties.
In-Rel Buys Bethesda Office Building at Steep Discount in First DC-Area Deal
Property Sells for Roughly $100 Million Less Than 2019 Price, According to CoStar Data
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IN THIS ARTICLE
- Properties
- Companies
- In-Rel Properties
Real Estate
- Stonebridge Associates, Inc.
Construction