Rockford Capital Partners and Emory Hill announced the sale of Stoney Batter Office Building, an office building at 5301 Limestone Road.
Stoney Batter Office Building, developed in 1987, is comprised of 45,399 square feet and occupies a 6.1-acre parcel in Pike Creek.
Rockford Capital, on behalf of its sponsored investment vehicle Rockford Real Estate Fund I, L.P., acquired the building in May 2012, at which time it was 87 percent occupied.
The building was sold to 5301 Properties LLC. No sales price or details on the buyer were disclosed.
At the time of the sale, 100 percent of the two-story building was leased.
Tenants include Simon Eye Care, Labcorp, Edward Jones & Co., Meridian Bank and Crown, Cork and Seal.
NAI Emory Hill commercial real estate agents Jim O’Hara, Jr., Jim O’Hara III and Kevin O’Hara represented both the buyer and seller in the sale transaction.
Rockford Capital is meanwhile actively pursuing additional investment opportunities throughout the Mid-Atlantic and eastern regions.
Rockford Capital Partners is a private real estate firm specializing in the acquisition, repositioning, and management of small- to mid-size commercial real estate assets throughout the mid-Atlantic and southeastern U.S.
Emory Hill is a real estate services and construction company.
