University Of Maryland Leases Office Space In Arlington With Landlord JBG Smith
LEASED
Virginia
See Similar DealsOffice8,000 SF
Leased 08/21/2019
LEASED
University Of Maryland Leases Office Space In Arlington With Landlord JBG Smith
241 18th St S, Arlington, VA, 22202
See Similar DealsOffice8,000 SF
Leased 08/21/2019
Summary
VIRGINIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:8,000 SF
Transaction Type:Lease
The property involved in this transaction is an office asset located at 241 18th St S, Arlington, VA, 22202. The property encompasses a total of 8,000 square feet and is situated within the Arlington market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 241 18th St S, Arlington, VA, 22202
- Square Feet: 8,000
- Tenant: University of Maryland
- Landlord: JBG Smith
- Tenant's Representative: Mike Sullivan (JLL)
This transaction involved the University of Maryland as the tenant and JBG Smith serving as the landlord, indicating a lease arrangement. The deal was facilitated by Mike Sullivan from JLL, representing the interests of the tenant in this leasing agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$458,555.17
Total Lease Value
$4,585,551.72
Net Landlord Cash Flow$458,555.17
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