Forbright Bank, R3 Ventures Acquire 12-Story Office Building in Chevy Chase, Maryland

Forbright Bank, R3 Ventures Acquire 12-Story Office Building in Chevy Chase, Maryland

CHEVY CHASE, MD. — Forbright Bank has brought in R3 Ventures in the acquisition of Chase Tower, a 12-story office building located at 4445 Willard Ave. in Chevy Chase, a Maryland suburb of Washington, D.C. Forbright Bank is the anchor tenant of Chase Tower, which has served as the bank’s headquarters since 2020. The property features 227,000 square feet of office space and 18,000 square feet of retail space, including a bank branch for Forbright…

R3 Ventures joins Chase Tower acquisition partnership

Forbright Bank brought R3 Ventures into the transaction to co-invest and provide operational oversight of the 12-storey, Class A mixed-use property