Houlihan Lokey Leases Office Space At 2601 Olive St In Dallas
2601 Olive Street, Dallas, Texas 75201, United States
Building Size
46,350 SF
Asset Type
Office
Closing
Apr 19, 2022
AI
The office property located at 2601 Olive St in Dallas has been leased. The lease transaction took place on April 20, 2022. The property spans approximately 74,805 square feet.
Summary of transaction details:
- Property Type: Office
- Transaction Date: April 20, 2022
- Address: 2601 Olive St
- Market: Dallas
- Size: 74,805 square feet
The landlord in this lease agreement is Kaizen Development Partners. The tenant is Houlihan Lokey. Representing the landlord are Blake Shipley from JLL, Sarah Kennington and Bryce Jackson from Thirty-Four Commercial. On the tenant's side, Travis Ewert from Colliers and Jihane Boury from CBRE facilitated the lease.
Players
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