Fortis Property Group Leases 50,802 Square Feet To Carrington Coleman Sloman & Blumenthal In Dallas
2200 Ross Avenue
Building Size
50,802 SF
Asset Type
Office
Closing
Aug 12, 2026
About this deal
AI
The property asset involved in the transaction is located at 2200 Ross Avenue in Dallas, TX. It is classified as an office space with a total square footage of 50,802. The lease is part of the Dallas Arts Tower, accommodating more than 100 employees of Carrington, Coleman, Sloman & Blumenthal, LLP, who are relocating from Bank of America Plaza to floors 18 and 19.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Square Footage: 50,802
- Address: 2200 Ross Avenue
- Market: Dallas, TX
- Landlord: Fortis Property Group
- Tenant: Carrington, Coleman, Sloman & Blumenthal, LLP
- Landlord's Representatives: Jj Leonard - Partners Real Estate; Matt Wieser - Stream Realty Partners
- Tenant's Representatives: Phil Puckett & Harlan Davis - CBRE
The key individuals involved in the deal are Jj Leonard and Matt Wieser representing Fortis Property Group, while CBRE's Phil Puckett and Harlan Davis represented the tenant, Carrington, Coleman, Sloman & Blumenthal, LLP. This transaction marks a significant relocation for the law firm within downtown Dallas.
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