Thomas Park Investments Acquires 4000 Old Court Road in Pikesville, Maryland
- 1 day ago
- 2 min read
Thomas Park Investments, in partnership with Tide Realty, has acquired 4000 Old Court Road, a three-story medical office building located in Pikesville, Maryland.
Located directly off the Baltimore Beltway near Reisterstown Road, 4000 Old Court sits within a mature outpatient healthcare corridor serving both Baltimore City and the surrounding suburban communities. The area is supported by dense residential neighborhoods, established senior living facilities, and a long-standing network of outpatient providers that continue to drive healthcare demand throughout the market.
Tide Realty Capital is a real estate-focused investment firm with a value-oriented investment philosophy, providing flexible equity and debt solutions across the private and public markets. The firm specializes in identifying opportunities where thoughtful execution, strategic capital, and operational improvements can unlock long-term value.
The property was sourced off-market, a result of the relationships Thomas Park has developed across the Greater Baltimore area over time. EJ Rumpke and Alex Kopicki led the acquisition, reflecting the firm's continued focus on growing its Maryland portfolio through disciplined, relationship-driven deal sourcing.
The building currently supports a range of outpatient medical specialties across its three floors. Acquired at approximately 65% occupancy, the property presents a clear opportunity to increase tenancy and strengthen the asset through focused leasing, capital improvements, and consistent operational execution.
Leasing will be led by Mason Popham, Dennis Bodley and Jonathan Baron of Thomas Park Commercial. Property management will be overseen by Thomas Park Management, which operates across Thomas Park's broader East Coast portfolio.
“Buildings like 4000 Old Court already sit within active outpatient corridors where the patient demand, accessibility, and surrounding demographics are already in place. The opportunity is in thoughtful execution: improving the physical asset, supporting tenants, and creating a better operating environment over time”
About Thomas Park Investments
Thomas Park Investments, LLC is a healthcare-focused commercial real estate investment firm. With a disciplined approach to acquisitions and asset management, the firm invests in and manages medical outpatient buildings across the East Coast, representing approximately $300 million in assets under management.
TPI is supported by Thomas Park Holdings’ integrated CRE platform, aligning capital, operations, and people to drive measurable value across the assets and businesses it owns and operates.
About Tide Realty Capital
Tide Realty Capital is a real estate-focused investment firm with a value-oriented investment philosophy, providing both equity and debt solutions across the private and public markets. The firm specializes in identifying and revitalizing underperforming and distressed assets through flexible structuring, disciplined underwriting, and creative problem-solving designed to unlock long-term value
