Updated Aug 22, 2025
Sansone Group & Priseda LLC Acquire Industrial Property In Silver Spring For $28.83M
12401 Prosperity Drive
$28,829,000
$134/SF
Building Size
214,000 SF
Asset Type
Industrial
Closing
Aug 18, 2025
About this deal
AI
The property involved in the transaction is an industrial asset located at 12401 Prosperity Drive, Silver Spring, MD. The sale was completed at a price of $28,829,000, covering a total square footage of 214,000. The price per square foot is approximately $135.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $28,829,000
- Address: 12401 Prosperity Drive
- Market: Silver Spring, MD
- Square Footage: 214,000
- Price per Square Foot: $135
- Buyer: Sansone Group & Priseda LLC
Sansone Group and Priseda LLC are the entities involved in the purchase of the industrial property. This transaction marks a significant investment in the Tier 4 data center located at the specified address.
On the Map
$28,829,000
$134/SF
Industrial
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Players
Silver Spring Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.55%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93