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
About this deal
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:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 2020 K St NW, Washington, DC, 20006
- Market: Washington
- Square Feet: 19,000
- Tenant: Fox Rothschild
- Landlord: LaSalle Investment Management
- Tenant's Representative: Mark Richardson - Cushman & Wakefield
- Landlord's Representatives: Kristen Mathis, Doug Mueller, Evan Behr - JLL
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.
On the Map
Office
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Players
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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