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1722 Routh Street

Duncan Osborne Of Willow Bridge Property Co. Leases 39,238 SF Office At One Arts Plaza
LEASEDOffice

Duncan Osborne Of Willow Bridge Property Co. Leases 39,238 SF Office At One Arts Plaza

1722 Routh Street

Building Size

39,238 SF

Asset Type

Office

Closing

Jun 16, 2025

AI

The property asset involved in this transaction is located at 1722 Routh Street in the Dallas market. It is an office space measuring 39,238 square feet, specifically occupying the entire 12th floor of One Arts Plaza in the Dallas Arts District. The lease agreement has resulted in the building's occupancy rising to 92%.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 1722 Routh Street
  • Market: Dallas
  • Square Footage: 39,238
  • Landlord: Lucy Billingsley & Henry Billingsley - Billingsley Co.
  • Tenant: Duncan Osborne - Willow Bridge Property Co.

The key individuals involved in this transaction include Duncan Osborne, representing Willow Bridge Property Co., and Lucy Billingsley and Henry Billingsley, representing Billingsley Co. Notably, both parties managed the lease transaction without the involvement of any brokers.

Players

Duncan Osborne

Willow Bridge Property Co.

Tenant

3 deals

Tenant
Willow Bridge Property Co.
Willow Bridge Property Co.Tenant

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