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8909 Mcgaw Court, Columbia,...

Buligo Capital Partners Acquires Industrial Property In Columbia, MD For $41.5M
SOLDIndustrial

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

Robert Cashman

CBRE

Broker

$615.9M

vol

7 deals

Broker
BI
Buligo Capital Partners, Inc.Buyer
GL
Griffith Properties, LLCSeller

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