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
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