Westwood Management Renews 30000 Square Foot Office Lease At The Crescent In Dallas Through 2036
200 Crescent Court
Building Size
30,000 SF
Asset Type
Office
Closing
Feb 9, 2026
AI
This transaction involves a 30,000-square-foot office lease located at 200 Crescent Court in the Dallas market. The asset is owned by Crescent Real Estate and features a prime location in Uptown Dallas.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 200 Crescent Court
- Market: Dallas
- Landlord: Crescent Real Estate
- Tenant: Westwood Management
- Landlord's Representative: Tony Click & Jordyn Allen - Crescent Real Estate
- Tenant's Representative: Brad Selner, Blake Waltrip & Paul Whitman - JLL
Westwood Management has renewed its office lease, extending its tenancy through 2036. The tenant has been occupying the property since 1990, with representation for the tenant provided by JLL brokers Paul Whitman, Brad Selner, and Blake Waltrip, while landlord representation was handled by Tony Click and Jordyn Allen.
Players
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