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2101 Cedar Springs Road

George H. Walker Of Neuberger Berman Leases Office Space At 2101 Cedar Springs Road In Dallas
LEASEDOffice

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

Kim Brooks

Transwestern

Broker

9 deals

Broker
Transwestern
TranswesternBrokerage
Newmark
NewmarkBrokerage
Rick Perdue

Rick Perdue

Landlord

$175.9M

vol

9 deals

Landlord

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