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To print this article, all you need is to be registered or login on Mondaq.com. Kelley Drye s Washington, DC Business Group is pleased to share the following transactions that we have closed over the past year: Acquisition of Frederick, Maryland Office Park; and Subsequent Sale of One Building. Affiliates of Finmarc Management acquired an approximately 440,000 square foot office park (including 5 parcels in fee and a ground lease), comprised of 11 buildings, for more than $40 million as part of the back-end of a 1031 like-kind exchange. Shortly after acquiring the office park, the Kelley Drye clients began a lease up program and implemented a land condominium in order to ....