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140 S Van Dorn St, Alexandr...

140 S Van Dorn St
SOLD

140 S Van Dorn St

140 S Van Dorn St, Alexandria, VA, 22...

$227,750,000

Building Size

Asset Type

Closing

Nov 19, 2023

AI

The transaction involved a property located at 140 S Van Dorn St, Alexandria, VA, with a market value in Alexandria. The asset was sold for $227,750,000.00, although specific square footage details are not provided.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: $227,750,000.00
  • Address: 140 S Van Dorn St, Alexandria, VA
  • Market: Alexandria
  • Seller's Representatives: Matthew Lawton - JLL, Brian Crivella - Berkadia
  • Buyer: CIM Group

This deal involved notable representatives in the real estate sector, including Matthew Lawton from JLL and Brian Crivella from Berkadia, who represented the sellers in this transaction, while CIM Group acted as the buyer.

Players

Matthew Lawton

JLL

Broker

$1.5B

vol

13 deals

Broker
CBRE
CBREBrokerage
CIM Group
CIM GroupBuyer

Alexandria CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.07%

Cash-on-Cash

-0.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93