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.
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