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Financing

SUMMARY OF RECENT TRANSACTIONS

Significant Transactions:

Office Buildings
$84,000,000
..........518,000 sf office building, Baltimore City, MD
$21,200,000..........229,336 sf office complex, Columbia, MD
$15,100,000..........8-project family portfolio of office/retail projects, 
                              Harford County, MD
$15,000,000..........479,000 sf office building, Mid-Atlantic Region
$12,500,000..........158,000 sf mixed use project, Baltimore, MD
$11,000,000..........170,000 sf mixed use project, Baltimore, MD
$10,160,000..........135,000 sf professional & medical office, 
                              White Marsh, MD
$ 7,650,000...........57,000 sf medical office building, Owings Mills, MD
$ 7,400,000...........60,000 sf medical office building, Towson, MD
$ 5,800,000...........50,000 sf medical office building, Westminster, MD
$ 5,700,000...........31,000 sf medical office building, Columbia, MD
$ 4,425,000...........54,000 sf office complex, Catonsville, MD
$ 4,200,000...........110,000 sf 12-story office building, Towson, MD
$ 2,400,000...........39,972 sf office project, Timonium, MD
$ 2,200,000...........28,900 sf office project, Baltimore, MD
$ 1,560,000...........5,400 sf office building, Owings Mills, MD
$ 1,200,000...........9,000 sf office building, Columbia, MD

Retail
$22,500,000
..........142,000 sf multi-tenanted enclosed lifestyle center, 
                              Towson, MD
$15,500,000..........Non-anchored multi-tenanted specialty retail center, 
                              Southern, MD
$14,500,000..........162,000 sf Kohl’s-anchored, Timonium, MD
$12,000,000..........125,000 sf community shopping center, Timonium, MD
$10,700,000..........105,000 sf food-anchored retail center, Baltimore 
                              County, MD
$ 9,000,000...........65,000 sf shopping center, Naples, FL
$ 7,900,000..........150,000 sf food anchored shopping center, 
                              Aberdeen, MD
$ 6,700,000..........205,000 sf urban community shopping center,
                             Baltimore City, MD
$ 6,600,000..........Single-tenant urban food store, Baltimore City, MD
$ 5,600,000..........51,947 sf retail center, Baltimore, MD
$ 5,400,000..........19,181 sf retail project with four pad sites, Annapolis, MD
$ 3,600,000..........20,000 sf multi-tenanted 2-story retail project, 
                             Reisterstown, MD
$ 3,400,000..........17,925 sf retail center, Glen Burnie, MD
$ 2,600,000..........17,443 sf multi-tenanted retail center, Timonium, MD
$ 2,500,000..........24,000 sf retail shopping center, Columbia, MD
$ 1,400,000..........22,635 sf retail center, Cockeysville, MD

Apartments & Condos
$51,385,200
..........298-unit luxury aptartment/condominium project, 
                              Gaithersburg, MD
$18,000,000..........40-unit condominium project, Ocean City, MD
$16,000,000..........287-unit condominium complex, Vienna, VA
$14,000,000..........pre-development loan facility, Ocean City, MD
$13,700,000..........286-unit apartment project, Claymont, DE
$ 7,400,000...........228-unit apartment project, Baltimore City, MD
$ 6,000,000...........137-unit apartment complex, 38 room inn,
                              Baltimore, MD
$ 4,160,000...........36-unit condominium project, Ocean City, MD
$ 2,950,000...........acq. financing, 138 unit apartment project,
                              Baltimore County, MD
$ 2,350,000...........71-unit apartment project, Frederick, MD
$ 1,900,000...........48-unit apartment project, Baltimore City, MD
$ 1,750,000..........126-unit garden apartment complex, Anne Arundel 
                              County, MD

Hotels and Others
$12,000,000
..........669-space parking garage, Baltimore City, MD
$ 9,000,000...........249-room, full service hotel & conference center, 
                              Timonium, MD
$ 7,350,000..........125,000 sf warehouse/office project, Severn, MD
$ 5,950,000..........acq. financing Holiday Inn Express and Comfort Inn, 
                             Easton, MD
$ 5,725,000..........825-unit self-storage facility, White Marsh, MD
$ 4,350,000..........88-room, full service hotel, Cambridge, MD
$ 3,750,000..........170,000 sf industrial building, Sparrows Point, MD

Joint Ventures
$105,000,000........mixed-use residential/office/retail, structured parking,  
                              Baltimore City, MD
$ 60,000,000.........88-unit luxury resort condominium, Ocean City, MD


To learn more about Commercial Real Estate Financing, contact

Glenn C. Ercole, Sr., Vice President/Principal
gercole@mackenziecommercial.com
410-821-4886


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