REBusinessOnline

$194 MILLION CONSTRUCTION LOAN ARRANGED FOR WASHINGTON OFFICE

WASHINGTON, D.C. — Connecticut & K Associates has secured a $194 million loan for construction of a 383,392-square-foot office building located at 1000 Connecticut Ave. N.W. in Washington. A consortium of lenders led by Chevy Chase Bank provided financing for the loan. The property is 66 percent pre-leased to the law firm Arent Fox and is being built to Gold LEED specifications. Philip Mudd, Christian Miles and Jon Goldstein of Cassidy & Pinkard Colliers arranged the loan.

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