Updated Dec 4, 2024
The Blueprint University Leases 13.4K SF Industrial Space In Dallas Design District
2050 Irving Boulevard
Building Size
13,410 SF
Asset Type
Industrial
Closing
Nov 27, 2023
About this deal
AI
Partners Real Estate has brokered a 13,410-square-foot industrial lease in Dallas Design District for a renovated property located at 2050-2062 Irving Blvd. The property offers ample space for industrial activities and is situated in a prime location in the bustling Dallas market.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Market: Dallas
- Address: 2050-2062 Irving Blvd
- Square Footage: 13,410
The landlord, 2050 Irving Blvd, facilitated the lease agreement with The Blueprint University. Hanes Chatham Jr. from Partners Real Estate represented the landlord in the deal, while DeAnna Green from Nydan Group served as the tenant's representative. This successful collaboration between the parties involved ensures the utilization of the industrial space by The Blueprint University to support their operations and further their goals.
On the Map
Industrial
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Dallas Industrial Market Snapshot
Boundary boundary · Industrial · 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