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
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