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1783 Us Route 9

Christian Whipple Of Elliot Bay Capital Trust And Kathryn Leaf Of Pantheon Acquire Medical Office In Clifton Park For $15M
SOLDMedical Office

Christian Whipple Of Elliot Bay Capital Trust And Kathryn Leaf Of Pantheon Acquire Medical Office In Clifton Park For $15M

1783 Us Route 9

$15,000,000

$250/SF

Building Size

60,000 SF

Asset Type

Medical Office

Closing

Aug 24, 2025

AI

A 60,000-square-foot outpatient medical office located at 1783 Route 9 in Clifton Park was sold for $15 million. The property is categorized as a medical office asset and has a price per square foot of $250.

Summary of transaction details:

  • Property Type: Medical Office
  • Transaction Amount: $15,000,000
  • Address: 1783 Route 9
  • Market: Clifton Park
  • Asset Size: 60,000 SF
  • Price Per Square Foot: $250
  • Buyer: Christian Whipple - Elliot Bay Capital Trust & Kathryn Leaf - Pantheon
  • Seller: Columbia Development LLC

The transaction involved Christian Whipple representing Elliot Bay Capital Trust and Kathryn Leaf representing Pantheon as they acquired the property from Columbia Development LLC. This purchase underscores the collaboration between the two buyers in securing the medical office asset.

Players

Christian Whipple

Elliot Bay Capital Trust

Buyer

$15M

vol

1 deal

Buyer
Pantheon
PantheonBuyer

Germantown Medical Office Market Snapshot

Boundary boundary · Medical Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.06%

Cash-on-Cash

-0.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93