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Fay Servicing Inc Leases 47,951-SF Office Space In Farmers Branch, Dallas

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LEASED

Texas

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Office47,951 SF
Leased 11/13/2023
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LEASED

Fay Servicing Inc Leases 47,951-SF Office Space In Farmers Branch, Dallas

1601 Lyndon B Johnson Freeway

See Similar Deals
Office47,951 SF
Leased 11/13/2023
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Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:47,951 SF
Transaction Type:Lease

Fay Servicing Inc. has signed a lease for a 47,951-square-foot office space located at 1601 Lyndon B Johnson Freeway in Farmers Branch, Dallas. The property is owned by TCI Park West I Inc. and the lease deal was facilitated by Transwestern, represented by Duane Henley. Newmark, on the other hand, represented Fay Servicing Inc. in the transaction.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not Available
  • Address: 1601 Lyndon B Johnson Freeway
  • Market: Farmers Branch
  • Square Footage: 47,951

This lease agreement between Fay Servicing Inc. and TCI Park West I Inc. highlights the collaborative efforts of Duane Henley from Transwestern and Frank Puskarich & Louis Pascuzzi from Newmark. They played instrumental roles in representing their respective clients throughout the negotiation process.

Players

Duane Henley
6 deals
BROKER

Louis Pascuzzi
Newmark
7 deals
BROKER

Frank Puskarich
Newmark
5 deals
BROKER

Details

LEASED
IMAGE: Duane Henley, Frank Puskarich & Louis Pascuzzi DATE: 11/13/2023 ADDRESS: 1601 Lyndon B Johnson Freeway MARKET: Farmers Branch ASSET TYPE: Office ~ SF: 47,951 LANDLORD: TCI Park West I Inc TENANT: Fay Servicing Inc LANDLORD'S REP: Duane Henley - Transwestern (@Transwestern) TENANT'S REP: Frank Puskarich & Louis Pascuzzi - Newmark (@Newmark) NOTE: Fay Servicing Inc. has signed a lease for a 47,951-square-foot office space in Farmers Branch, Dallas. Newmark represented the tenant, and Transwestern represented the landlord, TCI Park West I Inc.

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Deal Type
Effective Rent (Annual)

$2,748,522.38

Total Lease Value

$27,485,223.84

Net Landlord Cash Flow$2,748,522.38