JOHN HOPKINS JOINS MT AIRY: A Leasing Triumph
205 CENTER ST MT AIRY MD
CLIENT TESTIMONIAL:
“After years of vacancy, Deniz’s exceptional work in leasing 205 Center St, Mt Airy in such a short period of time, was transformative. Her weekly market updates kept us continuously informed, ensuring a transparent process. The impact of securing ENTACARE, a John Hopkins Hospital affiliate, as a tenant for our cold shell space was remarkable, elevating the property’s value significantly. We highly recommend Deniz for those property owners looking for a commercial real estate broker who gets the job done.”
TOLL HOUSE LEASING LLC
The task of representing 205 Center St, Mt Airy, MD, came with a significant challenge. The property, in cold shell condition, had been on the market for an extended period of five years with another broker without success. The property’s cold shell condition, while offering customization opportunities, required a tenant willing to invest in significant build-out, a factor that had likely contributed to its lengthy time on the market.
Upon taking the listing, we implemented a targeted marketing strategy aimed at medical tenants who would see the potential in a shell space and also Mt Airy medical market. Within just a few months, my efforts led to a breakthrough. We successfully attracted ENTACARE, an affiliate of the prestigious John Hopkins Hospital, as a prospective tenant.
- The negotiations culminated in ENTACARE signing a 5-year lease for the cold shell space.
- This agreement was a significant achievement, as it not only filled the long-vacant property but also aligned with a reputable and stable tenant.
- The lease agreement with ENTACARE, given their affiliation with John Hopkins Hospital and their commitment to developing the space for medical use, added substantial value to the property.
- The transaction effectively increased the worth of the property by at least a million dollar, a remarkable turnaround from its previous state.