Iron Bow Technologies Leases Office Space In Herndon Through CBRE Agent
2121 Cooperative Way, Herndon, VA...
Building Size
35,639 SF
Asset Type
Office
Closing
Nov 22, 2023
About this deal
AI
Located at 2121 Cooperative Way in Herndon, VA, the recently leased office space spans 35,639 square feet. The landlord, Brandywine Realty Trust, successfully leased the property to Iron Bow Technologies with the representation of Sean Weidlein from CBRE.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Applicable
- Tenant: Iron Bow Technologies
- Tenant's Rep: Sean Weidlein (CBRE)
- Landlord: Brandywine Realty Trust
- Square Feet: 35,639
The leasing transaction at 2121 Cooperative Way in Herndon, VA, involved key individuals and companies. Sean Weidlein from CBRE represented Iron Bow Technologies in securing the office space leased from Brandywine Realty Trust.
Players
Herndon 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