Harborview Properties Buys Foreclosed Asset at Auction
MacKenzie Commercial Real Estate Services, LLC has brokered the sale of 5410 Indian Head Highway, a three-story, 22,800-square-foot office building in the Oxon Hill section of Prince George’s County, Maryland, for $2.3 million.
Former owner Indian Head Assets acquired the three-story building at auction earlier this summer and subsequently named MacKenzie Commercial the exclusive sales broker. David McClatchy, Senior Vice President and Principal, handled the assignment. Approximately 90 days after bringing the building to market, Harborview Properties closed on the sale of the 95 percent vacant asset.
Harborview Properties is the commercial real estate arm of Harborview Dental Associates, a specialty-group dental practice which specializes in general dentistry, orthodontics, and oral and maxillofacial surgery. Indian Head Assets is a Baltimore. MD.-area partnership which invests exclusively in foreclosed commercial office, retail, and land properties.
