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3811 Turtle Creek Boulevard

Brunswick Group Signs 15,099 SF Office Lease At 3811 Turtle Creek Blvd In Uptown Dallas
LEASEDOffice

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

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.

Players

Justin Miller

Transwestern

Broker

$3.5M

vol

9 deals

Broker
K
KBSLandlord

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