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Buckner International Leases 20,100 Square Feet From Acram Group In North Dallas

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LEASED
Trevor Franke
Gini Rounsaville
+ 2

Texas

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Office20,100 SF
Leased 11/27/2024
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Property Image
LEASED

Buckner International Leases 20,100 Square Feet From Acram Group In North Dallas

12377 Merit Drive

See Similar Deals
Office20,100 SF
Leased 11/27/2024
Trevor Franke
Gini Rounsaville
+ 2
Contact now

Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:20,100 SF
Transaction Type:Lease

The property involved in the transaction is located at 12377 Merit Drive in Dallas, comprising a total area of 20,100 square feet. This office space is part of the Lakeside Square development and is set to accommodate Buckner International in 2025, following their relocation from the Plaza of the Americas.

Summary of transaction details:

The transaction features key involvement from representatives of both the landlord and tenant. The landlord, Acram Group, was represented by JLL professionals Gini Rounsaville, Hudson Neuhoff, and Trevor Franke. On the tenant's side, Buckner International was represented by John Armes and Tyler Howarth from Holt Lunsford Commercial.

Players

Trevor Franke
4 deals(214) 438-6174
BROKER



Tyler Howarth
Holt Lunsford Commercial
4 deals
BROKER

Details

LEASED
IMAGE: J. Matthew Cassin, Isaac Zion, David Taylor, Albert Reyes, Gini Rounsaville, Hudson Neuhoff, Trevor Franke, John Armes & Tyler Howarth DATE: 11/27/2024 ADDRESS: 12377 Merit Drive MARKET: Dallas ASSET TYPE: Office ~ SF: 20,100 LANDLORD: J. Matthew Cassin, Isaac Zion & David Taylor - Acram Group (@AcramGroup) TENANT: Albert Reyes - Buckner International (@Buckner_Intl) LANDLORD'S REP: Gini Rounsaville (@Gini.Rounsaville), Hudson Neuhoff & Trevor Franke - JLL (@JLL) TENANT'S REP: John Armes (@JohnArmes) & Tyler Howarth (@TylerHowarth) - Holt Lunsford Commercial (@HoltLunsfordCRE) NOTE: Buckner International has leased 20,100 square feet at Lakeside Square in North Dallas, planning to move from Plaza of the Americas in 2025. Tyler Howarth and John Armes of Holt Lunsford Commercial represented the tenant, while JLL’s Trevor Franke, Gini Rounsaville, and Hudson Neuhoff represented the landlord, Acram Group.

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Deal Type
Effective Rent (Annual)

$1,152,119.87

Total Lease Value

$11,521,198.71

Net Landlord Cash Flow$1,152,119.87