Planet Home Lending Leases 35471 Square Feet From BSREP Riverside LLC In Irving Texas
LEASED
Texas
See Similar DealsOffice35,471 SF
LEASED
Planet Home Lending Leases 35471 Square Feet From BSREP Riverside LLC In Irving Texas
5000 Riverside Dr, Irving, TX, 75039
See Similar DealsOffice35,471 SF
Summary
TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:35,471 SF
Transaction Type:Lease
The property asset involved is an office space located at 5000 Riverside Dr, Irving, TX, 75039. This lease transaction covers a total area of 35,471 square feet within Riverside Commons, a building constructed in 1987 and renovated in 2008, totaling 90,425 square feet within the Irving market.
Summary of transation details:
- Property Type: Office Lease
- Transaction Amount: Not specified
- Address: 5000 Riverside Dr, Irving, TX, 75039
- Landlord: BSREP Riverside LLC
- Tenant: Planet Home Lending
- Tenant's Representative: John Wolf-Newmark
- Market: Irving
- Square Feet: 35,471
John Wolf of Newmark represented the tenant, Planet Home Lending, during the lease negotiations. Cushman & Wakefield was the representative for the landlord, BSREP Riverside LLC, in this transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,033,176.32
Total Lease Value
$20,331,763.15
Net Landlord Cash Flow$2,033,176.32
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