Sallie Mae Leases Office Space At 21000 Atlantic Blvd, Sterling, VA
LEASED
Virginia
See Similar DealsOffice27,000 SF
Leased 06/26/2019
LEASED
Sallie Mae Leases Office Space At 21000 Atlantic Blvd, Sterling, VA
21000 Atlantic BLVD, Sterling, VA, 20...
See Similar DealsOffice27,000 SF
Leased 06/26/2019
Summary
VIRGINIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:27,000 SF
Transaction Type:Lease
The office property located at 21000 Atlantic Blvd in Sterling, VA, spanning 27,000 square feet, was leased on June 26, 2019. The landlord, Lerner Enterprises, finalized the deal with the tenant, Sallie Mae, represented by Robert Shue of JLL.
Summary of transation details:
- Property Type: Office
- Transaction Amount: Not Applicable
- Market: Sterling
- Tenant: Sallie Mae
- Tenant's Rep: Robert Shue (JLL)
- Landlord: Lerner Enterprises
- Square Feet: 27,000
This lease agreement brought together the tenant, Sallie Mae, a prominent entity in the education financing sector, and the landlord, Lerner Enterprises, a renowned real estate development firm based in the Sterling market. The deal was facilitated by Robert Shue from JLL, who served as the dedicated representative for Sallie Mae in this transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,547,623.71
Total Lease Value
$15,476,237.07
Net Landlord Cash Flow$1,547,623.71
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