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9801 Washingtonian BLVD, Ga...

RSM US Leases Office Space At 9801 Washingtonian Blvd, Gaithersburg
LEASEDOffice

RSM US Leases Office Space At 9801 Washingtonian Blvd, Gaithersburg

9801 Washingtonian BLVD, Gaithersb...

Building Size

16,585 SF

Asset Type

Office

Closing

May 13, 2019

AI

An office asset located at 9801 Washingtonian Blvd in Gaithersburg, having a total area of 16,585 square feet, is part of this transaction. The property is leased by the tenant RSM US, under the management of the landlord, KBS Real Estate Investment Trust III. The market value details are pertinent to Gaithersburg.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Address: 9801 Washingtonian Blvd, Gaithersburg
  • Square Feet: 16,585
  • Tenant: RSM US
  • Landlord: KBS Real Estate Investment Trust III
  • Tenant's Representative: Richard Schuham - Savills

The deal involved key representatives, including Richard Schuham from Savills, who acted as the tenant's representative. The partnership between RSM US and KBS Real Estate Investment Trust III marks a significant arrangement in the office leasing market within the area.

Players

Richard Schuham

Savills

Broker

1 deal

Broker
KT
KBS Real Estate Investment TrustLandlord

Gaithersburg 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