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9211 Old Pike Way

TPG Angelo Gordon And High Street Logistics Properties Sell Andrews Industrial Center In Upper Marlboro For $31.3M
SOLDIndustrial

TPG Angelo Gordon And High Street Logistics Properties Sell Andrews Industrial Center In Upper Marlboro For $31.3M

9211 Old Pike Way

$31,300,000

$268/SF

Building Size

116,550 SF

Asset Type

Industrial

Closing

Jan 15, 2026

AI

9211 Old Pike Way is an industrial asset located in Upper Marlboro, MD, with a transaction price of $31,300,000. The property encompasses 116,550 square feet, resulting in a price per square foot of $269.

Summary of transaction details:

TPG Angelo Gordon and High Street Logistics Properties were the sellers involved in this transaction, with Cushman & Wakefield representing the seller through its brokers Jonathan Carpenter, Graham Savage, Dawes Milchling, and James Check.

Players

Graham Savage

Cushman & Wakefield

Broker

$384.7M

vol

11 deals

Broker
HP
High Street Logistics PropertiesSeller

Upper Marlboro 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

0.51%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93