Updated Oct 29, 2024
Post Brothers Affiliate Acquires Office Building In Washington, DC For $66.8M
2100 M Street Northwest Washington, District Of Columbia 20037, Usa
$66,770,000
$229/SF
Building Size
290,762 SF
Asset Type
Office
Closing
May 10, 2023
About this deal
AI
An office property located at 2100 M St. NW in Washington, DC has been sold in a closed transaction. The property spans a total of 290,762 square feet and was sold for a price of $66,770,000, resulting in a price per square foot of $230.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $66,770,000
- Address: 2100 M St. NW, Washington, DC
- Market: Washington, DC
- Buyer: Affiliate of Post Brothers
The buyer in this transaction was an affiliate of Post Brothers. They represent the buyer's interests throughout the deal.
Players
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