WASHINGTON – Transwestern announces its Mid-Atlantic Capital Markets Group has arranged the sale of the WesTech Flex Portfolio, a three-building flex business park totaling 143,966 square feet in Silver Spring, Maryland. Transwestern's Gerry Trainor, Jim Cardellicchio and Rowan Miller represented ESJ Capital Partners in the sale.
"This transaction reflects continued investor confidence in well-located flex properties," said Trainor, Executive Managing Director at Transwestern. "The portfolio's location in a supply-constrained flex market, combined with stable in-place cash flow and opportunities to capture future rent growth, made it a compelling investment."
Known as Garrett I, II and III, the portfolio comprises 11941, 11921, and 11900 Bournefield Way in the North Silver Spring submarket. The properties were 89% leased at the time of sale with a weighted average lease term of approximately six years.
Located in Montgomery County's White Oak corridor, the portfolio is adjacent to Adventist HealthCare White Oak Medical Center and the U.S. Food and Drug Administration's White Oak campus, with convenient access to Route 29, Interstate 95 and the Capital Beltway.
Transwestern’s Mid-Atlantic Capital Markets Group provides a full range of investment sales services throughout the Washington, D.C., region. Through extensive market knowledge, detailed underwriting, and a keen understanding of the local, national, and international investment communities, the team has established a strong history of maximizing value for institutional, corporate, and private real estate clients.
An image of the property is available for download here.
About Transwestern
Transwestern is a vertically integrated commercial real estate firm dedicated to serving investors, partners and clients through expertise in investment, development, brokerage and property management. We own, lease and operate $64 billion1in assets. Our experience spans diverse property types, including logistics, multifamily, retail, mixed-use, healthcare, office, data centers, hotel, sports & entertainment, and life sciences. Across 35 offices nationwide, our team is united by a culture that cultivates agility, mutual trust and high performance. Learn more at transwestern.com.
1Includes all Transwestern enterprise and its RIA AUM as of April 1, 2026.
Media Contact:
Jaime Luckey
(678) 521-3474
aime@luckeycomms.com
twmediarelations@transwestern.com
