Curated News
By: NewsRamp Editorial Staff
September 05, 2025
Rosso Commercial Sells Annapolis Office Condo for $1.175M in Strategic Deal
TLDR
- Rosso Commercial's strategic pivot from leasing to a $1.175M sale with owner financing created ongoing cash flow and capital gains for the seller.
- Rosso Commercial arranged the sale of a 2,600-square-foot Class-A office condo at Annapolis Town Center through a creative owner-financing transaction structure.
- This transaction supports Annapolis Town Center's continued role as a vibrant mixed-use community hub for shopping, dining, and business.
- A 2,600-square-foot office condo sold for $1.175M in Annapolis Town Center, anchored by Whole Foods, Target, and Life Time.
Impact - Why it Matters
This transaction demonstrates the evolving strategies in commercial real estate that benefit both sellers and buyers. For property owners, it shows how creative financing structures like owner-financed deals can provide immediate capital while generating long-term income streams. For the commercial real estate market, it highlights the continued strength of mixed-use developments like Annapolis Town Center, which combine retail, office, and residential spaces to create sustainable community hubs. The deal also reflects the growing importance of flexible brokerage services that can pivot between leasing and sales strategies to maximize client outcomes in changing market conditions.
Summary
Rosso Commercial Real Estate has successfully orchestrated the sale of a 2,600-square-foot Class-A office condominium at Annapolis Town Center for $1,175,000, demonstrating strategic adaptability in commercial real estate transactions. The deal involved a longtime owner who originally purchased and occupied the unit following the center's 2008 construction and recently retired from his law practice. Principal Ross Westholm structured a creative owner-financing transaction that provided the client with both immediate capital and ongoing cash flow through long-term interest income, showcasing Rosso Commercial's client-focused approach.
The property is located within the vibrant 2 million-square-foot Annapolis Town Center, anchored by major retailers like Whole Foods Market, Target, and Life Time, making it a central gathering place for the Annapolis community. This mixed-use hub continues to thrive as a destination for shopping, dining, residential living, and business operations. The transaction highlights the importance of flexibility in commercial real estate, as Rosso Commercial initially engaged to lease the space but identified a strategic opportunity to transition to a sale that better served the client's needs.
Ross Westholm at Rosso Commercial represented the seller, while George Shenas at Hyatt Commercial represented the buyer in this significant commercial real estate transaction. The deal underscores Rosso Commercial Real Estate's expertise in retail, restaurant, mixed-use, and office properties throughout the Mid-Atlantic region, combining progressive marketing with longstanding client relationships built on hard work, creativity, and enthusiasm.
Source Statement
This curated news summary relied on content disributed by citybiz. Read the original source here, Rosso Commercial Sells Annapolis Office Condo for $1.175M in Strategic Deal
