This single tenant office building contains 32,000 square feet and was originally developed in 2004 as a build to suit for the current tenant, ITT Technical Institute. ITT is publicly traded on the NYSE and is a College with over 150 locations in the United States. This Owings Mills location is in their top 15% in terms of enrollment. We purchased this asset in conjunction with a joint venture partner in 2014 and were attracted by the economic yield on our investment, physical and locational attributes of the property and a very favorable purchase price relative to its replacement cost.