JLL Capital Markets brokers sale of office building at 4747 Bethesda Ave. in downtown Bethesda, MD

4747 Bethesda Avenue, a 300,508-square-foot,
 trophy office building in downtown Bethesda, MD

 

 

Jim Meisel

WASHINGTON, D.C., May 16, 2023 –  JLL Capital Markets announced today that it has arranged the sale at an undisclosed price of 4747 Bethesda Ave., a 300,508-square-foot, trophy office building in the heart of downtown Bethesda, Maryland, on behalf of the seller, JBG Smith.

Built in 2019, 4747 Bethesda Ave. is an iconic asset that is 98% leased to a diversified tenant roster and serves as the headquarters location for JBG Smith.

 The LEED Gold and Fitwel-certified building offers new construction and a best-in-class amenity package highlighted by a rooftop lounge, state-of-the-art fitness facility and a penthouse conference room with floor-to-ceiling glass windows.

Matt Nicholson

The property has a gateway location adjacent to Bethesda Row, which features more than 70 retailers, restaurants, and entertainment venues.

Additionally, the property is walkable to mass transit, including the Red and future Purple Lines, which connect tenants to the Greater Washington, D.C. metropolitan area.

The JLL Capital Markets Investment Sales and Advisory team representing the seller was led by Senior Managing Directors Jim Meisel, Matt Nicholson, and Andrew Weir, Senior Director Dave Baker and Director Kevin Byrd.

Andrew Weir

“4747 Bethesda Avenue offers exactly what tenants are looking for in today’s environment - wellness-focused amenities, efficient floorplans that maximize natural light and promote productive collaboration and a contemporary sophisticated appeal – and the brand-name credit tenancy investors seek,” Meisel said.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers.

The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization.

Dave Baker

The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

 

Contact:

 

 Kristen Murphy,

 Director, Public Relations

Phone: +1 617 543 4873

Email: Kristen.Murphy@jll.com

jll.com

jbgsmith.com

 

JLL Capital Markets welcomes Lee Harris to its Nashville multi-housing team

 

Lee Harris 

NASHVILLE, TN, May 16, 2023 – JLL Capital Markets announced today that it has welcomed Senior Director Lee Harris to its multi-housing team in Nashville. 

 

Harris will focus on agency debt, while also providing full capital stack solutions to multi-housing, mixed-use and MHC clients. He will work alongside Senior Managing Director Brian Dawson.

 

Brian Dawson.

“The Southeast Capital Markets practice is excited to welcome Lee to our Nashville team,” said Dawson. “His character and passion for the business provide him a distinct advantage in his ability to service clients. 

"His specific industry knowledge and experience within the agency space fully support the firm’s ability to deliver complex capital stack solutions for our valued clients.”

 

Prior to his new role, Harris served as a Director at Greystone, where he focused on nationwide Fannie Mae and Freddie Mac debt transactions.

 

 He has also held previous roles at RED Capital Group and Lument, bringing roughly 13 years of real estate experience. Harris earned his degree from the University of Southern California.

Contact:

Jenna Sharp,

JLL Associate,

 Public Relations

Phone: +1 214 394 3356

Email:  Jenna.Sharp@am.jll.com

 

Alliant National Welcomes Julie George as Underwriting Counsel

 

Julie George

Longmont, CO, May 16, 2023 –Alliant National Title Insurance Company, the title insurer that is uniquely responsive to the needs of independent agents, is pleased to announce the hiring of Julie George as Underwriting Counsel. A seasoned title insurance veteran, George has been a fixture of the industry since 2005.  As Underwriting Counsel for Alliant National,  her responsibilities will include working directly with the underwriter’s policy-issuing agents in the Midwest to provide support, risk analysis and management, claim resolution and making insurability determinations. She will also play a role in developing underwriting resources and continuing education materials. Jeff Stein “Julie is one of the best in the business,” said Jeff Stein, Chief Underwriting Counsel for Alliant National. “Given her years of experience, keen legal mind and clear passion for the industry, our agents, employees, lenders and communities all stand to gain from her being part of the Alliant National team.” Born and raised in St. Louis, Missouri, George graduated Cum Laude from St. Louis University with a degree in American Studies in 1999. She obtained her Juris Doctor from St. Louis University School of Law four years later. She is a winner of the Dowd Award for Excellence in Appellate Advocacy.

CONTACT: Cathie Beck 303.241.0805 cathie@capitalcitypr.com alliantnational.com