facebook
Traded Co logo
Submit

Grander Capital Partners Acquires Property At 120 E Baltimore St For $32.8M With Graham Savage As Buyer's Rep

Property Image
SOLD
$32,799,999
Graham Savage
NK

Maryland

See Similar Deals
Office
the dealplayerscompscontact
Property Image
SOLD

Grander Capital Partners Acquires Property At 120 E Baltimore St For $32.8M With Graham Savage As Buyer's Rep

120 E Baltimore St, Baltimore, MD 21202

See Similar Deals
Office
Graham Savage
NK
the dealplayerscompscontact
Contact now

Summary

MARYLAND
Asset Type:Office
Transaction Type:Sale

120 E Baltimore St is a 25-story office tower located in Baltimore, MD 21202. The property was sold for $32,799,999.00. The total square footage of the building is not specified, but it was reported as 75 percent leased at the time of the sale. Major tenants include SunTrust Bank, the State of Maryland Pension System, and the Baltimore City State Attorney’s Office.

Summary of transaction details:

  • Property Type: Office Tower
  • Transaction Amount: $32,799,999.00
  • Address: 120 E Baltimore St, Baltimore, MD 21202
  • Market: Baltimore
  • Buyer's Representative: Graham Savage-Cushman & Wakefield
  • Buyer: Grander Capital Partners
  • Seller: Not disclosed

Graham Savage and Nicole Keelty of Cushman & Wakefield arranged the transaction on behalf of the buyer, Grander Capital Partners based in Boston. The details of the seller remain undisclosed.

Players

Graham Savage
Cushman & Wakefield
Graham Savage
11 deals$384.7M volume(410) 347-7537
BROKER
NK
Cushman & Wakefield
Nicole Keelty
1 deal$32.8M volume(410) 347-7573
BROKER
GP
Grander Capital Partners
BUYER

Details

SOLD
IMAGE: 120 E Baltimore St, Baltimore, MD 21202 MARKET: Baltimore BUYER'S REP: Graham Savage-Cushman & Wakefield BUYER: Grander Capital Partners SELLER: PRICE: $32,799,999.00 SF: 0

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,749,333.30

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$116,531.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$155,488.73
Annual Debt Service$1,865,864.75