George H. Walker Of Neuberger Berman Leases Office Space At 2101 Cedar Springs Road In Dallas
2101 Cedar Springs Road
Building Size
17,787 SF
Asset Type
Office
Closing
Nov 11, 2025
AI
The asset involved in this transaction is an office space located at 2101 Cedar Springs Road in the Dallas market. The leased area comprises 17,787 square feet. The transaction involves the consolidation of two local offices into a single location by the tenant.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 2101 Cedar Springs Road
- Market: Dallas
- Landlord: Rick Perdue - Rosewood Property Co
- Tenant: George H. Walker - Neuberger Berman
- Landlord's Representative: Scott Walker, Kim Brooks & Laney Underwood Delin - Transwestern
- Tenant's Representative: Michael (Mike) Quint & Jim Cooksey - Newmark
The transaction reflects a strategic move by Neuberger Berman, represented by Newmark’s Mike Quint and Jim Cooksey, in uniting their operational presence. The landlord, represented by Transwestern’s Scott Walker, Kim Brooks, and Laney Underwood Delin, engaged in this lease on behalf of Rosewood Property Co.
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