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2601 Olive Street, Dallas, ...

Houlihan Lokey Leases Office Space At 2601 Olive St In Dallas
LEASEDOffice

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

Travis Ewert

Colliers

Broker

2 deals

Broker
CBRE
CBREBrokerage

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