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14221 Dallas North Tollway

Taconic Capital Advisors Leases Office Space To Forvis At 14221 Dallas North Tollway In Dallas
LEASEDOffice

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

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.

Players

Jihane Boury

Savills

Broker

6 deals

Broker
TA
Taconic Capital AdvisorsLandlord

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