IMA Financial Group Leases Office Space In Dallas North Tollway, Dallas
14221 Dallas North Tollway, Dallas, TX, USA
Building Size
30,650 SF
Asset Type
Office
Closing
Dec 2, 2021
About this deal
AI
Located at 14221 Dallas North Tollway in Dallas, this office property covering an area of 30,650 square feet was recently leased.
Summary of transaction details
- Property Type: Office
- Transaction Date: 12/02/2021
- Market: Dallas
- Landlord: Taconic Capital Advisors
- Tenant: IMA Financial Group - Rob Broz
- Landlord's Representative: Chris Taylor, Matt Schendle & Carrie Halbrooks - Cushman & Wakefield
- Tenant's Representative: Elizabeth Loving - Mohr Partners
The lease transaction was facilitated by Chris Taylor, Matt Schendle, and Carrie Halbrooks from Cushman & Wakefield, acting as the representative for the landlord, Taconic Capital Advisors. Representing the tenant, IMA Financial Group, was Elizabeth Loving from Mohr Partners.
On the Map
Office
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Players
Dallas 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