Kilroy Realty Signs 15-Year Lease With Page For 51,000 SF Office Space In Austin
200 West 6th Street
Building Size
51,000 SF
Asset Type
Office
Closing
Oct 27, 2022
AI
An office space spanning 51,000 square feet located at 200 W 6th St in Austin has been leased. The lease term is set for 15 years, starting from the date of October 27, 2022. The asset is owned by Kilroy Realty, represented by John Kilroy & Tyler H. Rose, and the tenant is Page.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not available
- Address: 200 W 6th St
- Market: Austin
- Asset Type: Office
- Square Footage: 51,000
John Kilroy & Tyler H. Rose, from Kilroy Realty, served as the landlords in this lease agreement. Page is the tenant in the deal.
Players
Austin 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