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111 S Calvert St, Baltimore...

Evert Weathersby Houff Leases 1748 Square Feet At 111 S Calvert St Baltimore With Cushman & Wakefield
LEASEDOffice

Evert Weathersby Houff Leases 1748 Square Feet At 111 S Calvert St Baltimore With Cushman & Wakefield

111 S Calvert St, Baltimore, MD, 21202

Building Size

1,748 SF

Asset Type

Office

Closing

Apr 25, 2022

AI

The property involved in this lease transaction is located at 111 S Calvert St, Baltimore, MD, 21202. The total square footage of the leased space is 1,748. The market for this transaction is Baltimore.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 111 S Calvert St, Baltimore, MD, 21202
  • Square Feet: 1,748
  • Tenant: Evert Weathersby Houff
  • Landlord: Brookfield Properties
  • Tenant's Representative: Linn Worthington - Cushman & Wakefield
  • Landlord's Representatives: Matt Seward, Bronwyn LeGette - Cushman & Wakefield

The deal involved key representatives from Cushman & Wakefield, with Linn Worthington representing the tenant Evert Weathersby Houff, while Matt Seward and Bronwyn LeGette represented the landlord Brookfield Properties in this lease transaction.

Players

Linn Worthington

Cushman & Wakefield

Broker

1 deal

Broker
Brookfield Properties
Brookfield PropertiesBrokerage

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