Weil, Gotshal & Manges LLP Renews 69000 Square Foot Office Lease At The Crescent In Dallas
200 Crescent Court
Building Size
69,000 SF
Asset Type
Office
Closing
Feb 6, 2026
AI
The asset involved in this lease transaction is a 69,000-square-foot office space located at 200 Crescent Court in the Dallas market. The transaction includes a lease renewal for the tenant, Weil, Gotshal & Manges LLP, allowing them to extend their occupancy through 2036.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not provided
- Address: 200 Crescent Court
- Market: Dallas
- Landlord: Crescent Real Estate
- Tenant: Weil, Gotshal & Manges LLP
- Landlord's Representative: Jordyn Allen & Tony Click - Crescent Real Estate
- Tenant's Representative: Randy Cooper, Craig Wilson & Dan Harris - Stream Realty Partners
The deal was facilitated by the landlord's representatives, Jordyn Allen and Tony Click, who managed the landlord side of the transaction internally for Crescent Real Estate. Conversely, the tenant was represented by Randy Cooper, Craig Wilson, and Dan Harris from Stream Realty Partners.
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