JLL Capital Markets led the sales effort for 2101 E Jefferson in North Bethesda, Maryland
News release
02 June 2025
Office property in North Bethesda trades hands
Your browser doesn't support speech synthesis.
Listen to article •
Read time: 1 sec
WASHINGTON, D.C. Jun. 2, 2025 – JLL Capital Markets announced today that it has completed the sale of 2101 E Jefferson Street, a 222,000-square-foot office building situated on four acres in North Bethesda, Maryland.
JLL represented the seller and procured the buyer.
Built in 1985 and currently vacant, the property is located less than a mile from Pike & Rose, Montgomery County’s newest mixed-use development, and within walking distance of the North Bethesda Metrorail station. Featuring 50+ restaurants and retailers as well as 750+ apartment units, Pike & Rose has transformed North Bethesda into a true live-work-play destination.
JLL’s Capital Markets Investment Sales and Advisory team representing the seller was led by Jim Meisel, Dave Baker, Andrew Weir and Kevin Byrd.
“JLL had very good interest in this asset from users and town home builders,” said Meisel. “This continues a trend of converting vacant office buildings into alternative uses for the future, and is the second such sale JLL has had on E Jefferson Street in North Bethesda.”
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources, please visit JLL’s newsroom.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 112,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.