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
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