$77.5 Million Non-Performing Office Loan
US - Washington, DC
71 477 000 € | 28 508 m²
Jones Lang LaSalle Americas, Inc. (“JLL”) as exclusive advisor, is pleased to present the opportunity to acquire The Offices at Liberty Center (the “Property” or "7550 Bales Street"), a 99,741 rentable square foot ("RSF") boutique office and retail asset located within the vibrant and dynamic 64-acre master planned Liberty Center development. Approximately equidistant from downtown Cincinnati and downtown Dayton, the Property offers unique accessibility to highly specialized labor pools as well as the Wright-Patterson Air Force Base. Constructed in 2015, the Property benefits tremendously from a live, work, play destination and is currently 96% leased, anchored by a 99-year retail master lease, offering term and stability to the rent roll. The Property offers nearly 6 years of office weighted average lease term ("WALT"), including government-contracted tenancy with top government clearance and numerous Sensitive Compartmented Information Facilities ("SCIF") within the leased premises. The Property provides investors the opportunity to acquire a fully stabilized Class A office building featuring an innovative town center development and highly specialized tenancy, unique to its location and proximity to Wright-Patterson Air Force Base.