Premier Workspaces Leases 17178 SF Office Space At 2001 L St NW, Washington
2001 L St NW, Washington, DC, 20036
Building Size
17,178 SF
Asset Type
Office
Closing
Jul 26, 2019
AI
The office property located at 2001 L St NW, Washington, DC, 20036, in the Washington market, was leased on July 26, 2019. The property, spanning 17,178 square feet, was leased by Premier Workspaces from the landlord, LaSalle Investment Management. Susan Thomas from Touchstone Webb represented the tenant, while Mark Wooters from Cushman & Wakefield represented the landlord.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Applicable
- Tenant's Rep: Susan Thomas (Touchstone Webb)
- Landlord's Rep: Mark Wooters (Cushman & Wakefield)
- Tenant: Premier Workspaces
- Landlord: LaSalle Investment Management
- Square Feet: 17,178
The deal involved the leasing of the office property by Premier Workspaces, with Susan Thomas from Touchstone Webb representing the tenant, while Mark Wooters from Cushman & Wakefield acted as the landlord's representative. LaSalle Investment Management, the landlord, facilitated the lease transaction for the 17,178 square feet of office space in Washington, DC.
Players
Washington Office Market Snapshot
Boundary boundary · Office · 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