Seerist Inc Leases Office Space In Reston, VA
11440 Commerce Park Drive Reston, Virginia 20191, USA
$31
$31/SF
Building Size
8,395 SF
Asset Type
Office
Closing
Jul 14, 2023
About this deal
AI
Seerist Inc. has recently signed a lease for office space in Reston, VA. The property, located at 11440 Commerce Park Drive, spans a total of 8,395 square feet. The lease was finalized on July 14, 2023, with an asking rent of $31.12 per square foot. Seerist Inc. has decided to move its global headquarters from Herndon to Reston Station, Virginia, and this office space will support the company's expansion in its new location.
Summary of transaction details
- Property Type: Office
- Transaction Amount: N/A
- Address: 11440 Commerce Park Drive
- Market: Reston, VA
- Tenant: Seerist Inc
- Asking Rent: $31.12/ft
- SF: 8,395
Seerist Inc., a leading company in its industry, has chosen to relocate its global headquarters to Reston Station, Virginia. The move signifies the company's commitment to growth and expansion in the region. With the lease of 8,395 square feet of office space at 11440 Commerce Park Drive, Seerist Inc. will have a dedicated workspace tailored to its requirements. The move will allow the company to optimize its operations and support its employees effectively.
Players
Reston 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
511709.68%
Cash-on-Cash
-146248.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93