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300 South Pearl Street

Arcadis Signs 19,605 SF Office Lease At 300 South Pearl Street In Dallas
LEASEDOffice

Arcadis Signs 19,605 SF Office Lease At 300 South Pearl Street In Dallas

Building Size

19,605 SF

Asset Type

Office

Closing

Dec 18, 2023

AI

Arcadis, the global architecture firm, has signed a 19,605-square-foot office lease at 300 S. Pearl St., a mixed-use building in downtown Dallas. The building features 336 apartments, 200,000 square feet of office space, and 25,000 square feet of retail space.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not mentioned in the CONTEXT
  • Square footage: 19,605
  • Address: 300 South Pearl Street
  • Market: Dallas

The lease negotiations for this office space were handled by Cushman & Wakefield on behalf of Arcadis, the tenant, and CBRE on behalf of Todd Interests, the landlord.

Note: The specific details of the lease, such as the duration and rental price, were not mentioned in the provided CONTEXT.

Players

Robbie Baty

Cushman & Wakefield

Broker

8 deals

Broker
TI
Todd InterestsLandlord

Market 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