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Abilene Christian Univ Renews 25.4K SF Office Lease In Addison, TX

Property Image
LEASED
J.J. Leonard
Chase Lopez
Tyler Howarth

Texas

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Office25,426 SF
Leased 07/02/2024
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Property Image
LEASED

Abilene Christian Univ Renews 25.4K SF Office Lease In Addison, TX

16633 Dallas Parkway

See Similar Deals
Office25,426 SF
Leased 07/02/2024
J.J. Leonard
Chase Lopez
Tyler Howarth
the dealplayerscompscontact
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Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:25,426 SF
Transaction Type:Lease

An office spanning 25,426 square feet located at 16633 North Dallas Parkway in Addison was leased to Abilene Christian University. The property is owned by New York Life Insurance Co.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: Not provided
  • Address: 16633 North Dallas Parkway
  • Market: Addison
  • Tenant: Abilene Christian University
  • Landlord: New York Life Insurance Co.

Abilene Christian University was represented by Tyler Howarth from Holt Lunsford Commercial in the lease agreement. On the other side, representing the landlord, New York Life Insurance Co., were J.J. Leonard and Chase Lopez from Stream Realty Partners.

Players

Chase Lopez
Stream Realty Partners⁠
Chase Lopez
7 deals
BROKER
J.J. Leonard
Stream Realty Partners⁠
J.J. Leonard
3 deals
BROKER
Tyler Howarth
Holt Lunsford Commercial
Tyler Howarth
4 deals
BROKER

Details

LEASED
IMAGE: Chase Lopez, J.J. Leonard & Tyler Howarth DATE: 07/02/2024 ADDRESS: 16633 North Dallas Parkway MARKET: Addison ASSET TYPE: Office ~ SF: 25,426 LANDLORD: New York Life Insurance Co. TENANT: Abilene Christian University LANDLORD'S REP: Chase Lopez & J.J. Leonard - Stream Realty Partners⁠ (@StreamRealtyPartners) TENANT'S REP: Tyler Howarth (@TylerHowarth) - Holt Lunsford Commercial (@HoltLunsfordCRE) NOTE: Abilene Christian University renewed a 25,426-square-foot office lease in Addison, TX, 190 miles from its main campus. Holt Lunsford Commercial's Tyler Howarth represented the tenant, while Stream Realty Partners' J.J. Leonard and Chase Lopez represented the landlord, New York Life Insurance Co. ⁠

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Deal Type
Effective Rent (Annual)

$1,457,402.98

Total Lease Value

$14,574,029.77

Net Landlord Cash Flow$1,457,402.98