Hall Group Leases 25000 Square Feet At 3201 Dallas Pkwy Frisco Represented By Michael Berman JLL
3201 Dallas Pkwy, Frisco, TX, 75034
Building Size
25,000 SF
Asset Type
—
Closing
Nov 20, 2023
AI
The property asset involved in this transaction is located at 3201 Dallas Pkwy, Frisco, TX, 75034. The total square footage of the leased space is 25,000 square feet, situated within the Frisco market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 3201 Dallas Pkwy, Frisco, TX, 75034
- Market: Frisco
- Tenant: Hall Group
- Landlord: Hall Park
- Tenant's Representative: Michael Berman (JLL)
This lease deal involves key representatives in the commercial real estate sector, specifically Michael Berman from JLL representing the tenant, Hall Group, in the agreement with the landlord, Hall Park.
Players
Frisco CRE Market Snapshot
Boundary boundary · CRE · 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