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DebtBlue Signs 30,291-Square-Foot Office Lease In Richardson With Cushman & Wakefield

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LEASED

Texas

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Office30,291 SF
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LEASED

DebtBlue Signs 30,291-Square-Foot Office Lease In Richardson With Cushman & Wakefield

1125 E Campbell Rd, Richardson, TX...

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Office30,291 SF
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Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:30,291 SF
Transaction Type:Lease

The property asset involved in this transaction is an office space located at 1125 E Campbell Rd, Richardson, TX, encompassing a total area of 30,291 square feet. This lease has been secured for a national debt service settlement firm, DebtBlue, which is relocating from a smaller 6,000-square-foot space in Addison to its new headquarters in Richardson.

Summary of transaction details:

Ryan Hoopes, representing the tenant, was involved in the lease negotiations for DebtBlue's office space. The landlord, Stanton Road Capital, was represented by Clint Madison and John Fancher, both from Cushman & Wakefield, ensuring the transaction was managed effectively on both sides.

Players

Clint Madison
5 deals
BROKER

John Fancher
Cushman & Wakefield
4 deals
BROKER

Ryan Hoopes
Cushman & Wakefield
7 deals(972) 663-9978
BROKER

Stanton Road Capital
LANDLORD

Details

LEASED
IMAGE: 1125 E Campbell Rd, Richardson, TX... MARKET: Richardson ASSET TYPE: Office TENANT'S REP: Ryan Hoopes -Cushman & Wakefield TENANT: DebtBlue LANDLORD: Stanton Road Capital LANDLORD'S REPRESENTATIVE: Clint Madison and John Fancher - Cushman & Wakefield SQUARE FEET: 30291

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Deal Type
Effective Rent (Annual)

$1,736,261.84

Total Lease Value

$17,362,618.41

Net Landlord Cash Flow$1,736,261.84