Baker Botts Leases 103300 Square Feet At 700 K St NW With Landlord The Meridian Group
LEASED
Office103,300 SF
LEASED
Baker Botts Leases 103300 Square Feet At 700 K St NW With Landlord The Meridian Group
700 K St NW, Washington, DC, 20001
See Similar DealsOffice103,300 SF
Summary
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:103,300 SF
Transaction Type:Lease
The property involved in this closed lease transaction is located at 700 K St NW, Washington, DC, 20001. It encompasses a total of 103,300 square feet, showcasing its suitability for commercial use within the Washington market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Tenant: Baker Botts
- Landlord: The Meridian Group
- Tenant's Representative: Lara Nealon - CBRE
- Landlord's Representatives: Doug Mueller, Evan Behr - JLL
This lease transaction involved key representatives including Lara Nealon from CBRE representing Baker Botts, while Doug Mueller and Evan Behr from JLL represented The Meridian Group. Each played a crucial role in facilitating the agreement between the tenant and landlord.
Players
LANDLORD
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$5,921,093.66
Total Lease Value
$59,210,936.64
Net Landlord Cash Flow$5,921,093.66
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