Annapolis MD (March 21th 2017) — RossoCRE is pleased to announce the sale of 540 Ritchie Hwy in Severna Park, MD.
The office property, located next to Park Plaza Shopping Center, sold to 540RH, LLC for $1,065,000.
The new buyers plan to renovate & modernize the property, retain the current tenants, and move one of their businesses into a current vacancy. RossoCRE was engaged by the property owners, Dr. Arnie and Maryanne Zaks, to market & sell the property, allowing them to fully divest from MD real estate now that they are retired and residing in sunny Charleston SC.
Thanks Eagle Title, LLC for providing top-notch settlement services. Congrats to the new buyers and the Zaks!
For more information, or for leasing information, please call Rosso Commercial at 410-260-0903.
Rosso Commercial is a full service commercial real estate firm headquartered in Annapolis, MD, serving the greater Annapolis-Baltimore-Washington region. Our goal is to provide the highest level of service and professionalism in our industry and cultivate long-lasting relationships.