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.
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