Wells Real Estate Funds, a Georgia-based REIT, acquired the seven-story Franklin Center in Columbia, Md., from Principal Financial Group Inc. for $65 million, or about $324 per square foot.
The Class A office building delivered in 2008 at 6841 Benjamin Franklin Drive in the Columbia South submarket. It totals 200,573 square feet and is fully occupied by SAIC Inc., according to CoStar information. ...
