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:
- Property Type: Lease
- Transaction Amount: Not specified
- Tenant: CBRE
- Landlord: JBG Smith
- Tenant's Representative: Lou Christopher (CBRE), Brian Murphy (Newmark)
- Landlord's Representative: Andrea Murray
- Brokers: David Ritchey (JBG Smith)
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
Washington CRE Market Snapshot
Boundary boundary · CRE · Lease transactions
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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