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475 Commerce Drive

Equus Capital Partners Acquires Industrial Portfolio From Mapletree Investments For $102.6M In Upper Marlboro
SOLDIndustrial

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:

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

James Carpenter

Cushman & Wakefield

Broker

$373.6M

vol

19 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage
Equus Capital Partners
Equus Capital PartnersBuyer

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