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1615 M Street Northwest

Updated Sep 1, 2026

Vieron Capital Purchases Office Complex From BXP In Washington DC For $66.8M
SOLDOffice

Vieron Capital Purchases Office Complex From BXP In Washington DC For $66.8M

1615 M Street Northwest & 1215 17th Street Northwest

$66,800,000

Building Size

Asset Type

Office

Closing

Aug 28, 2026

About this deal

AI

This transaction involves a leasehold interest in a three-building office complex known as Sumner Square, located at 1615 M Street Northwest, 1625 M Street Northwest, and 1215 17th Street Northeast in Washington, DC. The market value of this property is $66,800,000.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $66,800,000
  • Buyer: Benjamin Goldfield - Vieron Capital
  • Seller: Owen D. Thomas - BXP
  • Loan Amount: $31,000,000 from Bank of America

The transaction indicates a significant investment in the Washington, DC market, with Vieron Capital actively acquiring the property. The deal highlights the involvement of key individuals, Benjamin Goldfield representing the buyer and Owen D. Thomas representing the seller in this acquisition process.

Players

Benjamin Goldfield

Vieron Capital

Buyer

$66.8M

vol

1 deal

Buyer

Owen D. Thomas

BXP

Seller

$3.3B

vol

23 deals

Seller

Washington Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.24%

Cash-on-Cash

-0.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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