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1101 New York Ave NW, Washi...

Allen & Overy Leases 41914 Square Feet At 1101 New York Ave NW Represented By Savills And Stream Realty Partners
LEASEDOffice

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

Thomas Fulcher

Savills

Broker

2 deals

Broker
Oxford Properties Group
Oxford Properties GroupBrokerage
Oxford Properties Group
Oxford Properties GroupLandlord

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