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3555 Dickason Avenue

Paul Cheng Of USAI Investments Secures $97.5 Million Loan From University Place Asset Management
FINANCEDDevelopment Site

Paul Cheng Of USAI Investments Secures $97.5 Million Loan From University Place Asset Management

3555 Dickason Avenue

$97,500,000

$883/SF

Building Size

110,421 SF

Asset Type

Development Site

Closing

Aug 3, 2025

AI

The property involved in this transaction is a development site located at 3555 Dickason Avenue in the Dallas market. The asset encompasses a total of 110,421 square feet and is associated with a loan amount of $97,500,000, classified as recapitalization/construction financing.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $97,500,000
  • Address: 3555 Dickason Avenue
  • Market: Dallas
  • Asset Size: 110,421 SF
  • Lender: University Place Asset Management
  • Landlord: Paul Cheng - USAI Investments
  • Broker Representatives: Robert Rubano, Steven Sperandio & Christopher Moyer - Cushman & Wakefield

Key individuals involved in this transaction include Paul Cheng, who is the landlord representing USAI Investments. The lending is managed by University Place Asset Management, while the brokerage services are provided by Robert Rubano, Steven Sperandio, and Christopher Moyer from Cushman & Wakefield.

Players

Chris Moyer

Cushman & Wakefield

Broker

$3.2B

vol

21 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage

Dallas Development Site Market Snapshot

Boundary boundary · Development Site · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.16%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93