180 Admiral Cochrane Drive

Investment Partners
Alta Grander LLC
Boston Andes Capital
Project Type
Office/Parking
Acquisition Date
2018
Project Overview
180 Admiral Cochrane Drive is a 125,728-square-foot, Class A office building strategically located in the sought-after Riva Road corridor of Annapolis, MD. The location offers tremendous access to the area’s major roadways, and proximity to Washington DC, Baltimore, and Maryland’s top employer Ft. Meade. Recent improvements include a completely renovated lobby, new common corridors, a new roof, and additional parking.
This investment offered the opportunity to acquire a recently renovated office property in what has historically been a tight office market due to high barriers to entry and a lack of available land. As it is 78% leased to a diverse mix of tenants, the property provides strong in-place income. Our goal is to maximize the value of the property through efficiencies in management and leasing and potentially add value through lease-up.