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100 Crescent Court

Crescent Real Estate Leases 81,860 SF Office Space In Uptown Dallas To UBS Financial, JPMorgan Chase, And More
LEASEDOffice

Crescent Real Estate Leases 81,860 SF Office Space In Uptown Dallas To UBS Financial, JPMorgan Chase, And More

100 Crescent Court

Building Size

81,860 SF

Asset Type

Office

Closing

May 11, 2022

AI

Located in Uptown Dallas, the 81,860 square foot office space at 100 Crescent Court has recently been leased. The lease transaction was finalized on May 11, 2022, with the notable involvement of Crescent Real Estate and John Goff as the landlord.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: N/A
  • Address: 100 Crescent Court
  • Market: Uptown Dallas
  • Size: 81,860 square feet

The leasing process was facilitated by Cushman & Wakefield and Newmark, acting as the brokers for the deal. The office space at 100 Crescent Court will be occupied by UBS Financial Services, JPMorgan Chase, Paragon Associates & Atalaya Capital Management, Maraboyina Capital, Child Care Investments LLC & Stonegate Capital Partners Inc.

Players

J.P. Morgan Chase
J.P. Morgan ChaseLender

John Goff

Crescent Real Estate

Landlord

$1.2B

vol

10 deals

Landlord
J.P. Morgan Chase
J.P. Morgan ChaseTenant

Dallas 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