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2020 K St NW, Washington, D...

Fox Rothschild Leases 19000 Square Feet At 2020 K St NW Washington With LaSalle Investment Management
LEASEDOffice

Fox Rothschild Leases 19000 Square Feet At 2020 K St NW Washington With LaSalle Investment Management

2020 K St NW, Washington, DC, 20006

Building Size

19,000 SF

Asset Type

Office

Closing

Sep 8, 2020

AI

The property involved in this transaction is located at 2020 K St NW, Washington, DC, 20006, within the Washington market. This lease encompasses a total area of 19,000 square feet. The landlord for this property is LaSalle Investment Management.

Summary of transaction details:

The deal involves key representatives including Mark Richardson from Cushman & Wakefield representing the tenant, Fox Rothschild. The landlord's representation was provided by a team from JLL consisting of Kristen Mathis, Doug Mueller, and Evan Behr, who facilitated the arrangement between the parties involved.

Players

Doug Mueller

JLL

Broker

4 deals

Broker
JLL
JLLLandlord
Fox Rothschild
Fox RothschildTenant

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