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4321 Collington Road

Igal Namdar, Elliot Nassim, Jonathan Abda & Andrew Ebrani Acquire Office In Bowie For $20M
SOLDOffice

Igal Namdar, Elliot Nassim, Jonathan Abda & Andrew Ebrani Acquire Office In Bowie For $20M

4321 Collington Road

$20,000,000

$158/SF

Building Size

126,000 SF

Asset Type

Office

Closing

Jun 29, 2025

AI

The asset involved in the transaction is located at 4321 Collington Road in Bowie, market, and consists of an office building. This property was sold at a transaction price of $20,000,000, with a total square footage of 126,000, resulting in a price per square foot of $158.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $20,000,000
  • Square Footage: 126,000
  • Price per Square Foot: $158
  • Buyer: Igal Namdar, Elliot Nassim, Jonathan Abda & Andrew Ebrani
  • Seller: Aztec Fund
  • Broker: Bradley Allen – Eastdil Secured
  • Date of Transaction: 6/30/2025

The transaction was notably completed through a bankruptcy 363 sale. For more information regarding the deal, please contact Jonathan Abda at [email protected] or Andrew Ebrani at [email protected].

Players

Bradley Allen

Eastdil Secured

Broker

$20M

vol

1 deal

Broker
Eastdil Secured
Eastdil SecuredBrokerage
Igal Namdar

Igal Namdar

Buyer

$2.1B

vol

23 deals

Buyer

Bowie Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.79%

Cash-on-Cash

-0.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93