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Washington DC & Mid-Atlantic  + Office  |  June 17, 2020
David Cohen
By: David Cohen

JLL Arranges $69M Refinancing for D.C. Office Building

JLL has arranged a $68.5 million loan to refinance 1750 K St., a fully-leased, 165,604-square-foot office building in downtown Washington D.C.

Located in the Golden Triangle neighborhood, the 12-story office property offers walkable access to transit as well as a number of dining and shopping destinations. The building is currently fully-leased to five tenants and features flexible floorplates of approximately 12,000 square feet.

Cary Abod, Rob Carey and Andrew Weir of JLL represented the borrower, Mirae Asset Global Investments, in securing a floating-rate loan with lender Bridge Investment Group Holdings. Loan proceeds will be used to repay the existing loan.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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