Tom Whelan Leases 87,000 SF In DC-Baltimore Area For SRS Distribution
LEASED
Maryland
See Similar DealsIndustrial28,800 SF
Leased 01/31/2018
LEASED
Tom Whelan Leases 87,000 SF In DC-Baltimore Area For SRS Distribution
7455 Lake Drive
See Similar DealsIndustrial28,800 SF
Leased 01/31/2018
Summary
MARYLAND
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:28,800 SF
Transaction Type:Lease
The industrial property located at 7455 Lake Dr, Rosedale, MD, 21237, spans 28,800 square feet and is situated in the Rosedale market. The lease was signed on 01/31/2018.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Tenant's Rep: Tom Whelan(Lee & Associates)
- Landlord: FCA
SRS Distribution, a national supplier of roofing and building material based in Texas, secured three leases totaling over 87,000 square feet in the Washington, D.C.-Baltimore metropolitan region. Tom Whelan, acting as the principal for Lee & Associates Maryland, facilitated these transactions, which include the 28,800 square feet lease at 7455 Lake Drive in Rosedale, MD.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,650,798.62
Total Lease Value
$16,507,986.21
Net Landlord Cash Flow$1,650,798.62
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