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
About this deal
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: JLL – Brooke 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
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