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MRE Properties Expands Annapolis Office Portfolio

Baltimore Investor Sells Anne Arundel County Property for $12.45 Million
The 55,680-square-foot office building in Annapolis, Maryland, was 96% occupied at the time of sale. (CoStar)
The 55,680-square-foot office building in Annapolis, Maryland, was 96% occupied at the time of sale. (CoStar)
By Matthew Simon
CoStar Research
February 28, 2020 | 8:33 P.M.

Local owner and developer MRE Properties has purchased an office building in Annapolis, Maryland, from a private investor based in Baltimore for $12.45 million, or about $224 per square foot.

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