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2001 North Lamar Street

 GSR Andrade Architects Leases Office At Oilwell Supply Building In Dallas With Stream Realty Partners
LEASEDOffice

GSR Andrade Architects Leases Office At Oilwell Supply Building In Dallas With Stream Realty Partners

2001 North Lamar Street

Building Size

10,491 SF

Asset Type

Office

Closing

Mar 29, 2024

AI

The historic Oilwell Supply Building in Dallas, located at 2001 North Lamar Street, has seen a new tenant. GSR Andrade Architects signed a lease for 10,491 square feet of office space within this 73,384 square foot building. The lease was facilitated by Nate Hruby and Demian Salmon of Stream Realty Partners.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Market: Dallas
  • Tenant: Fernando Andrade - GSR Andrade Architects
  • Landlord: The Deal Co. & Scarlet Capital
  • Brokers: Demian Salmon & Nate Hruby - Stream Realty Partners

The lease negotiations for the office space at the Oilwell Supply Building were facilitated by Nate Hruby and Demian Salmon of Stream Realty Partners, ensuring a smooth transaction for GSR Andrade Architects as they secure their new location in Dallas's West End district.

Players

Demian Salmon

Stream Realty Partners⁠

Broker

3 deals

Broker

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