Intrusion Leases 10,705 SF Office Space At Plano Tower From Boxer Property Group
101 East Park Boulevard
Building Size
10,705 SF
Asset Type
Office
Closing
Nov 27, 2023
AI
Cybersecurity firm Intrusion has recently secured a lease for 10,705 square feet of office space at Plano Tower in the city of Plano, Texas. Owned by Boxer Property Group, this Dallas building offers a range of amenities, including an upgraded lobby, conference center, fitness center, and deli.
Summary of transaction details
- Property Type: Office
- Transaction Amount: N/A
- Address: 101 East Park Boulevard, Plano
- Market: Plano
- Square Footage: 10,705
- Landlord: Boxer Property Group - Andrew Segal
- Tenant: Intrusion - Tony Scott
- Broker: Chris Mathis - Newmark
This lease agreement between Intrusion and Boxer Property Group was facilitated by Chris Mathis from Newmark. The deal allows Intrusion to access modern and well-equipped office space in Plano Tower, positioning them in a strategic location within the Dallas area.
Players
Plano 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