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1500 Solana Blvd, Westlake,...

Goosehead Insurance Leases 150,454 SF Office Building In Westlake, Dallas-Forth Worth
LEASEDOffice

Goosehead Insurance Leases 150,454 SF Office Building In Westlake, Dallas-Forth Worth

1500 Solana Blvd, Westlake, TX 76262, USA

Building Size

1,504,540 SF

Asset Type

Office

Closing

Jun 17, 2020

AI

An office building located at 1500 Solana Blvd. in Westlake, Dallas-Fort Worth has been leased. The property spans a total of 150,454 square feet.

Summary of transaction details

  • Property Type: Office Building
  • Transaction Amount: N/A
  • Address: 1500 Solana Blvd.
  • City: Dallas-Fort Worth
  • Market: Westlake
  • Tenant: Goosehead Insurance – Mark E. Jones
  • Landlord: Glenstar – Michael Klein
  • Tenant's Representative: Josh White, Chelby Sanders, & Ryan BuchananCBRE

The lease transaction was facilitated by CBRE, represented by Josh White, Chelby Sanders, and Ryan Buchanan. No additional details about the lease transaction were provided.

Players

Josh White

CBRE

Broker

3 deals

Broker

Michael Klein

Glenstar

Landlord

$102.7M

vol

5 deals

Landlord
GI
Goosehead InsuranceTenant

Roanoke 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