MTC3 Maryland Trade Center III
7501 Greenway Center Dr, Greenbelt, MD 20770-3514, United States
Investment Overview
Renovated 192,000 SF Flagship Medical Building Featuring Strong Medical Tenancy
Institutional property Advisors (IPA), a division of Marcus & Millichap, is pleased to exclusively represent the ownership in the disposition of Maryland Trade Center Three. The sale is a unique opportunity to acquire a flagship medical building of the Luminis Health System. Luminis has recently dramatically increased their footprint including adding their logo to the building. A short mile away is Luminis Health’s 600,000-square-foot hospital and rehab center. The health system continues to expand in the building, and the property has seen strong increase in medical leasing activity following the expansion.
Investment Highlights
A rare opportunity to acquire an institutional-grade, high-yield medical asset in a growing healthcare-driven market.
- 192,000 SF Class A Medical Building – recently renovated with expansive window lines and premium tenant space.
- Anchored by Luminis Health with a 10-year lease term and growing presence in the building.
- 90% Medical Tenancy – includes high-quality specialized tenants such as Greenbelt Oncology, LabCorp, and Community Imaging Partners.
- Value-Add Opportunity – currently 75% leased with multiple candidates for continued lease-up, driven by the strong attraction of Luminis Health's expanding footprint.
- Strategic Location – 1.3 miles from the 600,000 SF Luminis Health Regional Medical Campus, providing steady demand.
- Proximity to FBI Relocation – 7,500 employees relocating nearby, driving further economic growth.
- Strong Demographics & Limited Competition – located in a robust transit corridor with easy access to I-95, I-495, and the Baltimore/Washington Parkway.
- On-site Amenities – tenant-only fitness center with showers, popular café, and access to nearby dining.
Major Crossroads
Prime Location, Excellent Access
Maryland Trade Center III is located near I-95, I-495 and Baltimore/Washington Parkway; adjacent to Greenway Shopping Center. It's 1.3-mile proximity to the major regional medical center, Luminis Health, ensures steady demand. Luminis Health's campus is 600,000 SF consisting of primary care, emergency services, a nationally recognized cancer center and a full rehabiliation facility.
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