Crayon Software Experts USA Leases 21,000 SF Office Space In Dallas
LEASED
Texas
See Similar DealsOffice21,000 SF
Leased 12/08/2021
LEASED
Crayon Software Experts USA Leases 21,000 SF Office Space In Dallas
12221 Merit Drive, Dallas, TX 75251
See Similar DealsOffice21,000 SF
Leased 12/08/2021
Summary
TEXAS
Asset Type:Office
Total Square Footage:21,000 SF
Transaction Type:Lease
Glenn Orcutt captured an image of a recently closed lease transaction in Dallas. The lease involved an office space located at 12221 Merit Drive, spanning a size of 21,000 square feet. The transaction took place on December 8, 2021.
Summary of transaction details:
- Property Type: Office
- Market: Dallas
- Address: 12221 Merit Drive
- Tenant: Crayon Software Experts USA - Glenn Orcutt
- Landlord: Hartman Income REIT Management, Inc. - Al Hartman, Heather MacGillis, Chris Bogard
- Tenure: long-term
The lease deal was facilitated by Glenn Orcutt, who represented Crayon Software Experts USA. The landlord, Hartman Income REIT Management, Inc., was represented by Al Hartman, Heather MacGillis, and Chris Bogard. The terms of the lease were not disclosed further.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,203,707.33
Total Lease Value
$12,037,073.28
Net Landlord Cash Flow$1,203,707.33
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