Buligo Capital Partners Acquires Industrial Property In Columbia, MD For $41.5M
SOLD
$41,500,000
Maryland
See Similar DealsIndustrial281,055 SF
Sold 03/04/2022
SOLD
Buligo Capital Partners Acquires Industrial Property In Columbia, MD For $41.5M
8909 Mcgaw Court, Columbia, Maryland 21045, United States
See Similar DealsIndustrial281,055 SF
Sold 03/04/2022
Summary
MARYLAND
Asset Type:Industrial
Price Per Square Foot:$147
Total Square Footage:281,055 SF
Transaction Type:Sale
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
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$2,213,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$147,440.74
Cash-on-Cash Return-1.27%
Monthly Debt Service$196,731.17
Annual Debt Service$2,360,774.07
Is there something missing? Send suggestions