11900 Old Baltimore Pike

Mosaic acquired 11900 Old Baltimore Pike in Beltsville, Maryland in August 2012. Constructed in 1986 on 3.88 acres, the property offers 72,222 square feet of distribution and office space. The Beltsville submarket is a land-constrained and desired close-in warehouse submarket located at the southern gateway to the Baltimore-Washington Corridor.

The currently single tenant property is 100% leased to a market leading specialty retail flooring firm that has has been in continuous occupancy at the property since 1986. The property was previously built out for multi-tenant use with separately metered utilities and separate bathrooms and office pods with storefront entrances. The property competes favorably with the existing inventory in its submarket.

The investment produces an attractive cash yield on equity and benefits from favorable, long-term fixed rate financing. Mosaic sold this asset in June 2017. Investors made 1.84x on their original capital and an overall IRR of 16.5%.

Mosaic Realty Partners is a private real estate investment firm focused on large retail and industrial property acquisitions throughout the United States.

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Isaac Pretter

Eron Sodie

Mosaic Realty Partners is a private real estate investment firm founded in 2012 focused on large commercial property acquisitions throughout the United States.

Quick Links

Mosaic Realty Partners is a private real estate investment firm founded in 2012 focused on large commercial property acquisitions throughout the United States.