Taconic Capital Advisors Leases Office Space To Forvis At 14221 Dallas North Tollway In Dallas
14221 Dallas North Tollway
Building Size
30,350 SF
Asset Type
Office
Closing
May 8, 2023
About this deal
AI
Taconic Capital Advisors has completed a lease transaction for an office space located at 14221 Dallas North Tollway in Dallas. The property spans approximately 30,350 square feet and is situated in the Dallas market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Lease
- Address: 14221 Dallas North Tollway
- Market: Dallas
- Square Footage: 30,350
The landlord for this lease deal is Taconic Capital Advisors. The tenant, Forvis, is represented by Todd Lisle. Cushman & Wakefield brokers Matt Schendle, Chris Taylor, and Carrie Halbrooks were involved in the transaction. Additionally, CBRE brokers Jihane Boury and Clay Vaughn played a role in representing the tenant.
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