Colliers Int’l. brokers $16.85m sale of 105,673 s/f
BELTSVILLE, MD — Boyd Watterson GSA Fund LP has purchased 5901 Ammendale Rd. in Beltsville for $16.85 million. Part of the Ammendale South Technology Center, the class A building was 88% leased to the U.S. government at the time of sale. Colliers International represented the seller, an affiliate of Manekin. The Colliers team consisted of David Dannenfelser, Robert Freedman and Colin Penoyar of the Colliers Baltimore office, which collaborated with Keith Lavey of Colliers Government Solutions in DC, and Bob Cottle of GSAXCHANGE, the investment sales arm of the Colliers Government Solutions platform. The buyer represented itself in the transaction.