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Bradford MPT Partners LLC Secures 20,490 Square Foot Lease Renewal With American Portfolio Mortgage Corp

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LEASED

Texas

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Office20,490 SF
Leased 10/21/2024
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LEASED

Bradford MPT Partners LLC Secures 20,490 Square Foot Lease Renewal With American Portfolio Mortgage Corp

17300 Dallas Parkway

See Similar Deals
Office20,490 SF
Leased 10/21/2024
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Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:20,490 SF
Transaction Type:Lease

The asset involved in this transaction is an office property located at 17300 Dallas Parkway in the Dallas market. The approximately 20,490 square-foot space is part of Bent Tree Green and has undergone a significant investment of $7.6 million in property upgrades and amenities.

Summary of transaction details:

Bradford Commercial Real Estate Services facilitated the lease renewal for American Portfolio Mortgage Corp., enabling the tenant to maintain its headquarters in the updated facility. The renewal marks the last rollover for the year and includes plans for interior reconfiguration and improvements, reflecting the tenant's long-standing presence in the property since 2017.

Players

John Beach
8 deals$63M volume
BROKER


Details

LEASED
IMAGE: Melanie Hughes, Richmond Collinsworth & John Beach DATE: 10/21/2024 ADDRESS: 17300 Dallas Parkway MARKET: Dallas ASSET TYPE: Office ~ SF: 20,490 LANDLORD: Bradford MPT Partners LLC TENANT: American Portfolio Mortgage Corp. LANDLORD'S REP: Melanie Hughes & Richmond Collinsworth (@MrCworth)- Bradford Commercial Real Estate Services (@BradfordCompanies) TENANT'S REP: John Beach - Newmark (@Newmark) NOTE: Bradford Commercial Real Estate Services has secured a 20,490-square-foot lease renewal with American Portfolio Mortgage Corp. at Bent Tree Green in Far North Dallas, following a $7.6 million investment in property upgrades and amenities. The renewal, representing the last rollover for the year, retains the tenant's headquarters, which has been in place since 2017, and includes plans for interior reconfiguration and improvements.

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Deal Type
Effective Rent (Annual)

$1,174,474.44

Total Lease Value

$11,744,744.35

Net Landlord Cash Flow$1,174,474.44