JLL Capital Markets Arranges $38.5M Loan For Office Building Acquisition At 805 King Farm Boulevard, Rockville

The office property located at 805 King Farm Boulevard in Rockville, Md has been involved in a recent transaction. The property spans a total of 240,000 square feet and is owned by Building and Land Technology, represented by Carl Kuehner, and Green Hollow Capital Partners, represented by Jim Glasgow.

Summary of transation details

• Property Type: Office
• Transaction Amount: $38,500,000
• Address: 805 King Farm Boulevard, Rockville, Md
• Market: Rockville, Md
• Lender: Ladder Capital
• Landlord: Building and Land Technology - Carl Kuehner & Green Hollow Capital Partners - Jim Glasgow
• Brokers: Michael Gigliotti, Robert Tonnessen & Brian Buglione - JLL Capital Markets

The acquisition of the property was supported by a loan from Ladder Capital valued at $38,500,000. The loan type was an Acquisition Loan.