Howard Hughes Leases 3290 SF To Paws Up Veterinary At 6000 Merriweather Drive In Columbia
6000 Merriweather Drive
Building Size
3,290 SF
Asset Type
Mixed-use
Closing
Mar 20, 2025
About this deal
AI
The asset involved in this transaction is a mixed-use property located at 6000 Merriweather Drive in Columbia, MD. The total square footage of the lease is 3,290 SF.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: Not disclosed
- Landlord: Howard Hughes
- Tenant: Paws Up
- Landlord's Representative: Ray Schupp, Suzanne Katz & Sean Harcourt - H&R Retail
- Tenant's Representative: Emory Camper - Ameriventure Commercial
This lease agreement was signed by Howard Hughes with the tenant Paws Up Veterinary for a location in Columbia’s Merriweather District. Emory Camper from Ameriventure Commercial acted as the representative for Paws Up. In this transaction, landlord Howard Hughes was represented by Ray Schupp, Suzanne Katz, and Sean Harcourt from H&R Retail.
Players
Columbia Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93