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1900 N St NW, Washington, D...

CBRE Leases 55000 Square Feet At 1900 N St NW Washington DC From JBG Smith
LEASED

CBRE Leases 55000 Square Feet At 1900 N St NW Washington DC From JBG Smith

1900 N St NW, Washington, DC, 20036

Building Size

55,000 SF

Asset Type

Closing

Dec 17, 2018

AI

The lease involves a property located at 1900 N St NW, Washington, DC, 20036, within the Washington market. The leased space encompasses 55,000 square feet.

Summary of transaction details:

The leasing transaction features representatives from CBRE and Newmark acting on behalf of the tenant, while the landlord is represented by Andrea Murray. The brokerage role in the transaction is fulfilled by David Ritchey from JBG Smith.

Players

Brian Murphy

Newmark

Broker

$65M

vol

17 deals

Broker
JBG Smith
JBG SmithLandlord
CBRE
CBRETenant

Washington CRE Market Snapshot

Boundary boundary · CRE · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93