Janney Montgomery Scott Leases 7031 Square Feet At 3001 PGA Boulevard With Cameron Tallon As Tenant's Representative
3001 PGA Boulevard, Palm Beach Gar...
Building Size
7,031 SF
Asset Type
Office
Closing
Mar 18, 2021
About this deal
AI
The property asset involved in this transaction is located at 3001 PGA Boulevard, Palm Beach Gardens. It encompasses a total area of 7,031 square feet. The property is situated within the Palm Beach Gardens market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 3001 PGA Boulevard, Palm Beach Gardens
- Market: Palm Beach Gardens
- Tenant: Janney Montgomery Scott
- Tenant's Representative: Cameron Tallon - JLL
- Landlord: Owens Realty Capital
This transaction features representation by Cameron Tallon from JLL for the tenant, Janney Montgomery Scott, while Owens Realty Capital acts as the landlord within the deal. The collaboration highlights the roles of key real estate professionals in facilitating the lease agreement.
On the Map
Office
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Players
Palm Beach Gardens Office Market Snapshot
Boundary boundary · Office · Lease transactions
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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