Equus Capital Partners Acquires Industrial Portfolio From Mapletree Investments For $102.6M In Upper Marlboro
475 Commerce Drive
$102,600,000
$177/SF
Building Size
576,852 SF
Asset Type
Industrial
Closing
Sep 19, 2025
AI
An affiliate of Equus Capital Partners acquired a six-building industrial portfolio located at 475 Commerce Drive in Upper Marlboro, MD. The total area of the portfolio encompasses 576,852 square feet and was sold for $102.6 million, equating to a price per square foot of $178.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $102,600,000
- Address: 475 Commerce Drive
- Market: Upper Marlboro, MD
- Total Square Footage: 576,852
- Price per Square Foot: $178
- Buyer: Equus Capital Partners
- Seller: Mapletree Investments
- Brokers: Jonathan Carpenter, James Carpenter, Graham Savage, Dawes Milchling & James Check - Cushman & Wakefield
This transaction highlights the involvement of multiple brokers from Cushman & Wakefield, representing both sides in the deal. The listed parties indicate a collaborative effort in facilitating this significant industrial portfolio sale in the Upper Marlboro market.
Players
Upper Marlboro Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.15%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93