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General Services Administration Signs Lease At 899 N Capitol St NE, Washington

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LEASED

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Office55,000 SF
Leased 10/07/2021
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LEASED

General Services Administration Signs Lease At 899 N Capitol St NE, Washington

899 N Capitol St NE, Washington, DC...

See Similar Deals
Office55,000 SF
Leased 10/07/2021
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Summary

Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:55,000 SF
Transaction Type:Lease

The property asset involved in this transaction is an office space located at 899 N Capitol St NE, Washington, DC. The total square footage of the property is 55,000 square feet and it is situated in the Washington market.

Summary of transaction details:

This lease transaction was completed on 10/07/2021, highlighting the involvement of USAA Real Estate as the landlord and the General Services Administration as the tenant. The leasing process was facilitated by Scott Johnston from Cushman & Wakefield, acting as the representative for the landlord in this deal.

Players

Scott Johnston
2 deals$45M volume
BROKER

USAA Real Estate
LENDER


Details

LEASED
IMAGE: 10/07/2021 ADDRESS: 899 N Capitol St NE, Washington, DC... MARKET: Washington ASSET TYPE: Office LANDLORD'S REP: Scott Johnston -Cushman & Wakefield TENANT: General Services Administration LANDLORD: USAA Real Estate SQUARE FEET: 55000

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Deal Type
Effective Rent (Annual)

$3,152,566.81

Total Lease Value

$31,525,668.11

Net Landlord Cash Flow$3,152,566.81