Allen & Overy Leases 41914 Square Feet At 1101 New York Ave NW Represented By Savills And Stream Realty Partners
1101 New York Ave NW, Washington...
Building Size
41,914 SF
Asset Type
Office
Closing
Nov 18, 2022
AI
The property asset involved in this transaction is located at 1101 New York Ave NW, Washington. The transaction pertains to a lease of 41,914 square feet of space between the tenant, Allen & Overy, and the landlord, Oxford Properties.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1101 New York Ave NW, Washington
- Square Feet: 41,914
- Tenant: Allen & Overy
- Landlord: Oxford Properties
- Tenant's Representatives: Julie Rayfield, Adam Brecher (Savills)
- Landlord's Representatives: Kyle Luby, John Klinke (Stream Realty Partners)
- Brokers: Matt Pacinelli (Stream Realty Partners)
This lease transaction involved key representatives from the respective companies. Julie Rayfield and Adam Brecher from Savills represented the interests of Allen & Overy, while the landlord's side was represented by Kyle Luby and John Klinke from Stream Realty Partners. Matt Pacinelli from Stream Realty Partners acted as the broker for the transaction.
Players
Market 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