LEASEDOffice
ORIX USA Signs Lease For 10,766 SF Office Space At 2001 Ross Avenue In Dallas With Landlord J.P. Morgan Asset Management
Trammell Crow Center, 2001 Ross Ave, Dallas, TX 75201, USA
Building Size
107,660 SF
Asset Type
Office
Closing
Jul 22, 2020
About this deal
AI
The office property located at 2001 Ross Avenue in Dallas has been leased in a recent transaction. The property spans across 10,766 square feet.
Summary of transaction details:
- Property Type: Office
- Tenant: ORIX USA
- Landlord: J.P. Morgan Asset Management
- Tenant's Representative: Colliers International
- Landlord's Representative: Ramsey March, Sara Terry, & Chase Lopez - Stream Realty Partners
Colliers International represented ORIX USA, the tenant, in the lease agreement. The landlord, J.P. Morgan Asset Management, was represented by Ramsey March, Sara Terry, & Chase Lopez from Stream Realty Partners.
Players
J.P. Morgan ChaseLender
J.P. Morgan ChaseLandlord
Dallas Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Deal FAQ
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