facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Maryland

/

Office

/

Lease

/

210 W Pennsylvania Ave, Bal...

Imre Leases Office Space At PGA Court Towers, Towson- Lizzy Sweeney Rep
LEASEDOffice

Imre Leases Office Space At PGA Court Towers, Towson- Lizzy Sweeney Rep

210 W Pennsylvania Ave, Baltimore, M...

Building Size

18,058 SF

Asset Type

Office

Closing

Jun 24, 2019

AI

The property at 210 W Pennsylvania Ave, Baltimore, MD, in Towson, is an office space spanning 18,058 square feet. The lease was finalized on June 24, 2019, with PGA Court Towers acting as the landlord and imre as the tenant. Lizzy Sweeney from Cushman & Wakefield represented the landlord in the transaction.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not provided
  • Address: 210 W Pennsylvania Ave, Baltimore, MD
  • Market: Towson
  • Tenant: imre
  • Landlord: PGA Court Towers
  • Square Feet: 18,058
  • Landlord's Rep: Lizzy Sweeney (Cushman & Wakefield)

The deal involved Lizzy Sweeney from Cushman & Wakefield representing the landlord, PGA Court Towers, in the leasing agreement with the tenant, imre, for the 18,058 square feet office space located at 210 W Pennsylvania Ave, Baltimore, MD. The successful lease agreement was finalized on June 24, 2019, in the vibrant market of Towson.

Players

Lizzy Sweeney

Cushman & Wakefield

Broker

2 deals

Broker

Towson Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

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