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2601 Victory Avenue

Lockton Signs 100,000 Square Foot Lease At Victory Commons One In Dallas With Affinius Capital
LEASEDOffice

Lockton Signs 100,000 Square Foot Lease At Victory Commons One In Dallas With Affinius Capital

2601 Victory Avenue

Building Size

100,000 SF

Asset Type

Office

Closing

Feb 14, 2025

AI

The property asset involved is a 100,000-square-foot office space located at 2601 Victory Avenue in Dallas. The lease was signed for a significant portion of this space, as Lockton is set to relocate from 2100 Ross Ave. to Victory Commons One by early 2026.

Summary of transaction details:

Lockton's move to the new 15-story tower was facilitated by Cushman & Wakefield and Stream Realty Partners, who represented the tenant. Affinius Capital, the developer of the office building, had their interests represented in-house by Hillwood Urban.

Players

Randy Cooper

Stream Realty Partners⁠

Broker

9 deals

Broker

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