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4747 Bethesda Ave, Bethesda...

CBRE Leases 7800 Square Feet At 4747 Bethesda Ave With Landlord JBG Smith
LEASEDOffice

CBRE Leases 7800 Square Feet At 4747 Bethesda Ave With Landlord JBG Smith

4747 Bethesda Ave, Bethesda, MD, 20...

Building Size

7,800 SF

Asset Type

Office

Closing

Apr 19, 2021

AI

The property involves a lease located at 4747 Bethesda Ave, Bethesda, MD, comprising a total area of 7,800 square feet. The transaction takes place within the Bethesda market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 4747 Bethesda Ave, Bethesda, MD
  • Market: Bethesda
  • Square Feet: 7800
  • Tenant: CBRE
  • Landlord: JBG Smith
  • Tenant's Representative: Charlene Bogdanor (CBRE), Charlie Carroccio (CBRE)
  • Landlord's Representative: Andrea Murray

Key representatives involved in the transaction include Charlene Bogdanor and Charlie Carroccio from CBRE representing the tenant, while Andrea Murray represents the landlord, JBG Smith. The specific transaction amount has not been disclosed.

Players

Andrea Murray

Broker

2 deals

Broker
JBG Smith
JBG SmithBrokerage
JBG Smith
JBG SmithLandlord
CBRE
CBRETenant

Bethesda Office Market Snapshot

Boundary boundary · Office · Lease transactions

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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