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

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SOLD
$20,000,000
Bradley Allen

Maryland

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Office126,000 SF
Sold 06/29/2025
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Property Image
SOLD

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

4321 Collington Road

See Similar Deals
Office126,000 SF
Sold 06/29/2025
Bradley Allen
Contact now

Summary

MARYLAND
Asset Type:Office
Price Per Square Foot:$158
Total Square Footage:126,000 SF
Transaction Type:Sale

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
1 deal$20M volume(202) 688-4052
BROKER

Eastdil Secured
BROKERAGE

Igal Namdar
22 deals$1.8B volume
BUYER

Details

SOLD
IMAGE: Jonathan Abda, Igal Namdar, Andrew Ebrani & Bradley Allen DATE: 6/30/2025 ADDRESS: 4321 Collington Road MARKET: Bowie ASSET TYPE: Office BUYER: Igal Namdar, Elliot Nassim, Jonathan Abda & Andrew Ebrani SELLER: Aztec Fund BROKER: Bradley Allen – Eastdil Secured SALE PRICE: $20,000,000 SF: 126,000 ~ PPSF: $158 NOTE FROM BUYER: Namdar purchased the property through a bankruptcy 363 sale - please contact Jonathan Abda or Andrew Ebrani for more info: [email protected] or [email protected]

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,066,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$71,055.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$94,810.20
Annual Debt Service$1,137,722.44