| Plaza West is located in the heart of Bethesda; the 100,000 square foot building has a track record of strong tenancy. The building underwent a substantial renovation in 1999 and has had recent success in re-tenanting at increased market rents. Upon purchasing the property, Perseus Realty promptly leased 12% of the vacant building at rents well above initial projections. Plaza West is in the Woodmont Triangle of Downtown Bethesda and is within walking distance of the Metro. Current asset value exceeds $30M.
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