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101 W Dickman St, Baltimore...

Haystack Oncology Leases 20000 SF Office Space At 101 W Dickman St, Baltimore
LEASEDOffice

Haystack Oncology Leases 20000 SF Office Space At 101 W Dickman St, Baltimore

101 W Dickman St, Baltimore, MD, 21...

Building Size

20,000 SF

Asset Type

Office

Closing

Nov 17, 2022

AI

The office located at 101 W Dickman St, Baltimore, MD, 21230, spanning 20,000 square feet, was leased in a recent transaction. The tenant, Haystack Oncology, secured this space from the landlord, South Duvall. The lease was facilitated by Mark Deering from MacKenzie Commercial Real Estate Services representing the tenant, while Nate Crowe from Scheer Partners acted as the landlord's representative.

Summary of transaction details:

The collaboration between Mark Deering from MacKenzie Commercial Real Estate Services, representing Haystack Oncology, and Nate Crowe from Scheer Partners, representing South Duvall, showcases a successful transaction in the Baltimore market. The agreement signifies a strategic move for Haystack Oncology, adding to their commercial real estate portfolio under the expert guidance of both representatives.

Players

Mark Deering

MacKenzie Commercial Real Estate Services

Broker

$10M

vol

2 deals

Broker

Baltimore Office Market Snapshot

Boundary boundary · Office · 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