Tysons Tower

An office property in McLean, Virginia. Securitized in 1 CMBS deal in 2019.

$365.0MAppraised value (latest deal)
100.0%Occupancy
$20.8MUnderwritten NOI
5.7%Implied cap rate
Address
7900 Tysons One Place, McLean, VA 22102
Property type
Office · Suburban
Year built
2014
Size
528,730 SF
Sponsor
The Macerich Partnership, L.P.; Alaska Permanent Fund Corporation
Loan purpose
Recapitalization
Largest tenant
Intelsat Global Service

Appearances in CMBS deals

DealCut-off / filingAppraisedOcc.UW NOICapLoan / alloc. bal.LTVDSCRSource
BANK 2019-BNK212019-10-23$365.0M100.0%$20.8M5.7%$50.0M52.1%424B

Historical NOI reported in BANK 2019-BNK21

Period endingNOI
6/30/2019 TTM$21.7M
12/31/2018$21.0M
12/31/2017$17.9M

More CMBS properties in Virginia →

Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.