KCI Technologies Leases 26,000 SF Office Space In Tampa With JLL's Reps
150 Kelsey Lane
Building Size
26,000 SF
Asset Type
Office
Closing
May 30, 2024
AI
The property involved in the lease transaction is located at 150 Kelsey Lane in Tampa, spanning 26,000 square feet. The lease was signed on 05/30/2024, with Workspace Property Trust serving as the landlord and KCI Technologies as the tenant.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Applicable
- Landlord: Workspace Property Trust
- Tenant: KCI Technologies
- Address: 150 Kelsey Lane, Tampa
- Market: Tampa
- Square Footage: 26,000
Facilitated by JLL, KCI Technologies, a design firm, entered into a 26,000-square-foot lease at Silo Bend Office Park in Tampa. This move represents a relocation from the tenant's previous 17,000-square-foot space at Meridian Crescent Center. Caleb Lewis from JLL represented the tenant in the transaction, while Jeff Lanning of Workspace Property Trust acted as the landlord's representative.
Players
Tampa Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93