Buligo Capital Partners Acquires Industrial Property In Columbia, MD For $41.5M
8909 Mcgaw Court, Columbia, Maryland 21045, United States
$41,500,000
$147/SF
Building Size
281,055 SF
Asset Type
Industrial
Closing
Mar 3, 2022
AI
The industrial property located at 8909 McGaw Court in Columbia, MD was recently sold for a total of $41,500,000. The property spans a total of 281,055 square feet, resulting in a price per square foot of $148. The sale took place on 03/04/2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $41,500,000
- Square Footage: 281,055
- Price Per Square Foot: $148
- Address: 8909 McGaw Court, Columbia, MD
- Market: Columbia, MD
The buyer of the property was Buligo Capital Partners, while the seller was Griffith Properties, LLC. The deal was facilitated by brokers Bo Cashman & Jonathan Beard from CBRE.
Players
Columbia 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
0.38%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93