Thursday, August 20, 2015

Laurel Maryland Medical
Triple Condo Sale



Mr. Laurel” took over the listing of this triple-unit Laurel Lakes medical condo that had been on the market for years. Marty applied his architectural skills to surgically remove one unit from the other two to create multiple buyer options. The plan worked so well a family of doctors (two brothers, a sister and their father) bought the entire property. Suites 8313-8315-8317 Cherry Lane  sold for approximately $160 per square foot.


Most condos in general are one-half to one-quarter this size. Like most medical condos it had infrastructure that is expensive to install, and like many well used offices, the interior required major renovation.

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