Brunswick Group Signs 15,099 SF Office Lease At 3811 Turtle Creek Blvd In Uptown Dallas
3811 Turtle Creek Boulevard
Building Size
15,099 SF
Asset Type
Office
Closing
Sep 15, 2023
About this deal
AI
Global investment advisory firm Brunswick Group has signed a 15,099-square-foot office lease at 3811 Turtle Creek Blvd. in Uptown Dallas. The property, owned by KBS, offers modern amenities to tenants in the office space.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Address: 3811 Turtle Creek Boulevard
- Market: Uptown Dallas
- Square Footage: 15,099
The lease transaction was facilitated by Transwestern and Savills. Kim Eui-cheol represents the landlord, KBS, while Neal Wolin, on behalf of Brunswick Group, acts as the tenant. The landlord's representatives for the deal are Kim Brooks, Justin Miller, and Scott Walker from Transwestern. Jihane Boury, a broker from Savills, serves as the tenant's representative.
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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