LEASEDOffice
Taconic Capital Advisors Leases Office Space To Intersate Batteries In Dallas
14221 Dallas North Tollway
Building Size
77,435 SF
Asset Type
Office
Closing
Dec 2, 2021
AI
The office property located at 14221 Dallas North Tollway in Dallas has been leased. The property spans an area of 77,435 square feet.
Summary of transaction details:
- Property Type: Office
- Transaction Date: 12/02/2021
- Address: 14221 Dallas North Tollway
- Market: Dallas
- Landlord: Taconic Capital Advisors
- Tenant: Intersate Batteries - Scott Miller
The lease transaction was facilitated by the following representatives:
- Landlord's Rep: Chris Taylor, Matt Schendle & Carrie Halbrooks - Cushman & Wakefield
- Tenant's Rep: Jeff Ellerman & Rich Flaten - CBRE
Players
TA
Taconic Capital AdvisorsLandlord
Equus Capital PartnersTenant
Dallas Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
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