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CASSIDY TURLEY ARRANGES $45M LOAN FOR BETHESDA PLACE II

BETHESDA, MD. — Cassidy Turley has arranged $45 million in financing for Bethesda Place II, a 209,397-square-foot, Class A office building in Bethesda. Bethesda Place II’s retail tenant roster includes Safeway, Original Pancake House and Comcast Sports Net, and its office tenant roster includes Wells Fargo, First Potomac Realty Trust and Beech Street Capital. Philip Mudd and Bradley Geiger of Cassidy Turley arranged the 20-year, fixed-rate loan through a life insurance company on behalf of the borrower, Bethesda Place II Associates LLC.

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