Baltimore County · Commercial sale
GWL Direct 7001 Quad buys 7001 Quad Ave in Rosedale for $91 million
A warehouse at 7001 Quad Ave, Rosedale sold for $91,000,000 on August 4, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $91,000,000
- Sold
- August 4, 2026
- Property type
- Warehouse
- Building area
- 621,041 sq ft
- Price per sq ft
- $147
- Year built
- 2005
A warehouse at 7001 Quad Ave in Rosedale sold for $91,000,000 on August 4, 2026, according to the Maryland Department of Assessments and Taxation's property records. The sale price is 81% above the Assessor's recorded market value of $50,374,900.
GWL Direct 7001 Quad LLC bought the property from 7001 Quad Property Owner LLC. The 621,041-square-foot building, constructed in 2005, sits on a 32.69-acre lot, according to the Assessor's records. At that size, the price works out to $147 per square foot.
The warehouse last sold in 2020 for $71,800,000. This sale represents a 27% increase over that price.
What this sale costs to close
What does closing cost at this price? Under Baltimore County custom the seller's larger charges are $682,500 for the county transfer tax (Baltimore County) and $227,500 for the state transfer tax. The seller's estimated net is $88,998,223 before brokerage commissions and any loan payoff. A cash buyer would need about $93,207,737 at closing.
Source: Maryland Department of Assessments and Taxation, Real Property Assessments (Maryland Open Data), document 51591-0010. Property details: Baltimore County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
