Emory University Leases 69782 Square Feet At 250 E Ponce De Leon Ave In Decatur
250 E Ponce De Leon Ave, Decatur, G...
Building Size
69,782 SF
Asset Type
Office
Closing
Oct 12, 2020
About this deal
AI
The property involved in the transaction is located at 250 E Ponce De Leon Ave, Decatur, GA. The space has a total area of 69,782 square feet. The lease was executed involving The Dilweg Companies as the landlord.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 250 E Ponce De Leon Ave, Decatur, GA
- Square Feet: 69,782
- Landlord: The Dilweg Companies
- Tenant: Emory University
- Landlord's Representatives: Kirk Rich (Avison Young), Chris Godfrey (Avison Young)
The key individuals involved in this deal include Emory University as the tenant and The Dilweg Companies as the landlord. Kirk Rich and Chris Godfrey, both from Avison Young, represented the landlord in this transaction.
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