DC Radio Transmitter Property Hits the Market

Photo credit: G. Edward Johnson Wikimedia Commons

A 75-acre plot of land near the second-richest neighborhood in the US could become a development of 300-plus homes of varying size, reports The Sentinel. 7115 Greentree Road in Bethesda — home to Cumulus Media's WMAL-FM — currently has four transmitter towers, satellite dishes and an unmanned transmission building on a hilly patch of grass affectionately known as the “dog park” by locals who use it for sports and fur baby recreation. There’s no asking price, but brokerage firm CBRE Group sees potential for serious bids, saying the size and location alone could command a price tag worth hundreds of millions. Cumulus will be accepting offers until March 12.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Washington, D.C. Newsletters
Related Stories

Compass Coffee Says It Lacks Cash For Bankruptcy Plan, Seeks To Toss Case

ICE Pivot From Warehouse Plan Funnels Cash To Private Prison Owners

Blackstone Vice Chairman Tom Nides On Leadership And The Future Of CRE

California Real Estate Exec Charged In Child-Safety Sting

CRE Leaders Stress Importance Of Adaptability As DFW Continues To Grow

PRP Buys Downtown Office Building From Tishman Speyer

The World's Largest Data Center Hub Pursues A Development Pause. Is It Even Legal?

$356M Verdict Prompts JBG Smith To Postpone Earnings Release

Inspectors, Building Officials Shrug Off Conversion Scares

Blackstone Data Center Arm Takes HQ Lease At Reston Station

MDNI Group Buys Santa Monica Apartments Out Of Receivership: The Los Angeles Deal Sheet

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet