Celebree Schools Leases 10000 Square Feet At 9151 Rumsey Rd Columbia With Landlord Finmarc Management Inc
9151 Rumsey Rd, Columbia, MD, 21045
Building Size
10,000 SF
Asset Type
Office
Closing
Jan 24, 2022
AI
The property involved in this transaction is located at 9151 Rumsey Rd, Columbia, MD, 21045, within the Columbia market. It has a total square footage of 10,000 square feet. The transaction pertains to a lease agreement involving Celebree Schools as the tenant and Finmarc Management Inc as the landlord.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 9151 Rumsey Rd, Columbia, MD, 21045
- Market: Columbia
- Square Feet: 10,000
- Tenant: Celebree Schools
- Landlord: Finmarc Management Inc
- Tenant's Representative: Megan Williams (Cushman & Wakefield)
- Landlord's Representatives: Kate Jordan (Lee & Associates), Marley Welsh (Lee & Associates), Christopher Baird (Finmarc Management Inc)
The transaction involved key representatives instrumental in the deal. Megan Williams represented Celebree Schools, while the landlord's interests were represented by Kate Jordan, Marley Welsh from Lee & Associates, and Christopher Baird from Finmarc Management Inc.
Players
Columbia 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