NeighborWorks America Leases Office Space At 1255 Union St NE, Washington
LEASED
Office48,000 SF
Leased 01/05/2022
LEASED
NeighborWorks America Leases Office Space At 1255 Union St NE, Washington
1255 Union St NE, Washington, DC, 2...
See Similar DealsOffice48,000 SF
Leased 01/05/2022
Summary
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:48,000 SF
Transaction Type:Lease
The leased property located at 1255 Union St NE, Washington, DC, boasts a total of 48,000 square feet and serves as an office space. The tenant, NeighborWorks America, signed the lease agreement facilitated by Tucker Farman from JLL, representing the tenant, with Carr Properties acting as the landlord.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not provided
- Tenant: NeighborWorks America
- Tenant's Rep: Tucker Farman(JLL)
- Landlord: Carr Properties
- Address: 1255 Union St NE, Washington, DC
- Market: Washington
- Square Feet: 48,000
The deal involved NeighborWorks America as the tenant and Carr Properties as the landlord, with Tucker Farman from JLL representing NeighborWorks America in the lease transaction. This transaction signifies a significant agreement in the Washington office market, adding to the vibrant leasing activity in the area.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,751,331.03
Total Lease Value
$27,513,310.35
Net Landlord Cash Flow$2,751,331.03
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