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
About this deal
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
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