kapitonragomo.blogspot.com
Shortly before took back the title tothe 193,138-square-foot Monument III building in Herndon, a new signed a lease for 85,000 square ITT, a White Plains, N.Y.-based engineering and manufacturing landed a $1.26 billion spacew communications network services contract with NASA last The company will pay "in the per square foot for space in the building at 12930 Worldgate Drive, said the new tenant’s Brian Raher of . The 10-year lease will continud despite therecent foreclosure, since the tenangt signed an agreement that outlines the tenants rightds in the event of a foreclosure. The agreemenr is known as a SNDA, short for non-disturbance and attornment.
The former owners of Monument III — a joinrt venture between The Praediunm Group, a New York-based real estate investment firm, and MGP Real Estat of Bethesda — paid $54.9 or $284 a square foot, for the buildinv in mid-2007. The building was transferresd tothe lender, General Electrif Credit Equities Inc., for $50.6 or $262 a square foot, an amount representingg the outstanding debt.
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