facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Office

/

Lease

/

2101 Cedar Springs Rd, Dall...

Frost Brown Todd Leases 30,000 SF Office Space At 2101 Cedar Springs Road In Oak Lawn, Dallas With Landlord Haley Collard & Broker JLL
LEASEDOffice

Frost Brown Todd Leases 30,000 SF Office Space At 2101 Cedar Springs Road In Oak Lawn, Dallas With Landlord Haley Collard & Broker JLL

2101 Cedar Springs Rd, Dallas, TX 75201, USA

Building Size

300,000 SF

Asset Type

Office

Closing

Jun 9, 1920

AI

An office property located at 2101 Cedar Springs Road in Oak Lawn, Dallas has been leased. The property spans 30,000 square feet, and the transaction took place on June 10, 2020.

Summary of transaction details

  • Property Type: Office
  • Tenant: Frost Brown Todd – Dan Novakov
  • Landlord: Rosewood Property Company – Haley Collard
  • Broker: JLLBrooke Armstrong, Maggie Birnbach, & Paul Whitman
  • Address: 2101 Cedar Springs Road
  • City: Dallas
  • Market: Oak Lawn
  • Square Footage: 30,000 SF

Frost Brown Todd, represented by Dan Novakov, will be leasing the office space from Rosewood Property Company. The transaction was facilitated by JLL, with brokers Brooke Armstrong, Maggie Birnbach, and Paul Whitman representing the parties involved.

Players

Maggie Birnbach

JLL

Broker

1 deal

Broker
RC
Rosewood Property CompanyLandlord

Dallas Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

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