Mosaic acquired 757 Frederick Road in January 2012. It is the premier professional office building in the heart of Catonsville, MD, within walking distance of numerous nearby amenities. The building was purchased at 92% occupancy and soon after ownership became 100% leased. There is a generous parking ratio of over 4 spaces per 1,000 square feet. The majority of the tenants have occupied the building for over 15 years. The property also has a rooftop antennae lease to a cellular company. Mosaic performed a lighting retrofit and HVAC system upgrade in 2012. The Property competes well with the existing inventory in its submarket. The property was sold in May 2016 and investors received a 104% return on their equity in a little over 4 years.