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4211 W Boy Scout BLVD, Tamp...

BKS-Partners Signs Lease For 61598 Square Feet At 4211 W Boy Scout Blvd Tampa
LEASEDOffice

BKS-Partners Signs Lease For 61598 Square Feet At 4211 W Boy Scout Blvd Tampa

4211 W Boy Scout BLVD, Tampa, FL, 3...

Building Size

61,598 SF

Asset Type

Office

Closing

Nov 19, 2023

AI

The property located at 4211 W Boy Scout Blvd, Tampa, FL, encompasses a total area of 61,598 square feet and is situated in the Tampa market. The transaction involves the leasing of this space. The landlord is Cousins Properties Inc, while BKS-Partners is the tenant in this arrangement.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not disclosed
  • Address: 4211 W Boy Scout BLVD, Tampa, FL
  • Market: Tampa
  • Tenant: BKS-Partners
  • Landlord: Cousins Properties Inc
  • Tenant's Representative: Chris Butler (Franklin Street)
  • Landlord's Representative: Clay Sovich (JLL)
  • Square Feet: 61,598

Key representatives involved in the transaction include Chris Butler from Franklin Street representing the tenant, BKS-Partners, and Clay Sovich from JLL representing the landlord, Cousins Properties Inc. Their involvement underscores the collaborative efforts to finalize this leasing agreement.

Players

Chris Butler

Franklin Street

Broker

1 deal

Broker
CI
Cousins Properties IncLandlord

Tampa 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