Rosso Commercial Real Estate Facilitates $3.7M Sale of Annapolis Medical-Office Building

The recent sale of the ‘West Court’ medical-office building in Annapolis, Maryland, for $3.7 million underscores the vibrant market for well-positioned commercial real estate in the region. Rosso Commercial Real Estate Services (RossoCRE) orchestrated the transaction, showcasing the property’s appeal to both investors and owner-users due to its strategic location and flexible use potential.

Located at 2448 Holly Avenue, the 4-story, 30,731-square-foot building is situated in the heart of Annapolis’ Town Centre district, offering high visibility and easy access to major routes including Route 2, Route 50, and I-97. This accessibility, combined with the property’s zoning flexibility and ample parking, made it an attractive option for a variety of commercial uses.

Ryan Brassel and John Rosso of RossoCRE, who had previously managed leasing for the property, spearheaded the sale. Their efforts culminated in securing a 1031 exchange buyer, a testament to the building’s investment appeal. The property was approximately 50% leased at the time of sale, presenting immediate occupancy opportunities for large-format medical or office tenants.

This transaction not only reflects the ongoing demand for adaptable office spaces in Annapolis but also marks a significant milestone for RossoCRE, pushing the firm’s 2025 sales volume beyond $30 million. The sale of ‘West Court’ is a clear indicator of the robust commercial real estate market in Anne Arundel County, driven by properties that offer strategic locations, flexibility, and growth potential.

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