Tricentis Leases 42,019 SF Office Space At 5301 Southwest Pkwy In Austin
LEASED
Texas
See Similar DealsOffice42,019 SF
Leased 03/23/2022
LEASED
Tricentis Leases 42,019 SF Office Space At 5301 Southwest Pkwy In Austin
5301 Southwest Parkway, Austin, Texas 78735, United States
See Similar DealsOffice42,019 SF
Leased 03/23/2022
Summary
TEXAS
Asset Type:Office
Total Square Footage:42,019 SF
Transaction Type:Lease
An office space located at 5301 Southwest Pkwy in Austin has recently been leased. The property spans 42,019 square feet and is owned by Drawbridge Realty. Tricentis, a tenant, has entered into a lease agreement for this space.
Summary of transaction details
- Property Type: Office
- Transaction Date: 03/23/2022
- Address: 5301 Southwest Pkwy
- Market: Austin
- Asset Type: Office
- Square Footage: 42,019
The landlord's representation in this deal was provided by Kevin Granger and Matt Frizzell from Cushman & Wakefield. Russell Young from JLL acted as the tenant's representative.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,408,503.72
Total Lease Value
$24,085,037.24
Net Landlord Cash Flow$2,408,503.72
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