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
About this deal
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:
- Property Type: Office
- Transaction Amount: Not Applicable
- Address: 101 W Dickman St, Baltimore, MD, 21230
- Market: Baltimore
- Tenant: Haystack Oncology
- Tenant's Rep: Mark Deering(MacKenzie Commercial Real Estate Services)
- Landlord: South Duvall
- Landlord's Rep: Nate Crowe(Scheer Partners)
- Square Feet: 20,000
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.
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Office
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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