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Englar Rd, Westminster, MD,...

Jordan Lex Kim Flores And Danny Finkle Of JLL Represent Seller In Sale Of Westminster Property For $168.3M
SOLDCommercial

Jordan Lex Kim Flores And Danny Finkle Of JLL Represent Seller In Sale Of Westminster Property For $168.3M

Englar Rd, Westminster, MD, 21157

$168,300,000

$241/SF

Building Size

695,991 SF

Asset Type

Commercial

Closing

Sep 23, 2021

AI

The property located at Englar Rd, Westminster, MD, 21157 has a market value of $168,300,000.00 and encompasses a total area of 695,991 square feet.

Summary of transaction details:

  • Property Type: SALE
  • Transaction Amount: $168,300,000.00
  • Address: Englar Rd, Westminster, MD, 21157
  • Market: Westminster
  • Square Footage: 695,991
  • Seller's Representatives: Jordan Lex-JLL, Kim Flores-JLL, Danny Finkle-JLL
  • Buyer: Unknown

This transaction involves multiple representatives from JLL who facilitated the sale, indicating a coordinated effort in the deal. The identities of the seller and buyer were not disclosed in the transaction details.

Players

Danny Finkle

JLL

Broker

$3.9B

vol

57 deals

Broker

Westminster Commercial Market Snapshot

Boundary boundary · Commercial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.09%

Cash-on-Cash

-0.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93