Rick Stone Of Sagard Real Estate Acquires Industrial Facility In Rosedale For $91M
7001 Quad Avenue
$91,000,000
$146/SF
Building Size
621,144 SF
Asset Type
Industrial
Closing
Aug 4, 2026
AI
Sagard Real Estate has acquired an industrial asset located at 7001 Quad Avenue in Rosedale, Maryland. The property is a Class A distribution facility encompassing 621,144 square feet and was purchased for $91 million, which translates to a price per square foot of $147.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $91,000,000
- Address: 7001 Quad Avenue
- Market: Rosedale, MD
- Square Footage: 621,144
- Price per Square Foot: $147
- Buyer: Rick Stone - Sagard Real Estate
The acquisition marks an addition to Sagard Real Estate's industrial portfolio, featuring a fully leased logistics asset situated close to the Port of Baltimore, reflecting the company's strategy to enhance its logistics capabilities in a pivotal market.
Chaptico 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
0.17%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93