Chicago School Of Psychology Signs 18566 Square Foot Lease At 6275 West Plano Parkway
6275 West Plano Parkway
Building Size
18,566 SF
Asset Type
Office
Closing
Dec 19, 2024
About this deal
AI
The property involved in this lease transaction is located at 6275 West Plano Parkway in Plano, Texas, consisting of an office space that measures 18,566 square feet. The asset is positioned within the Plano market and is leased by the Chicago School of Psychology.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 6275 West Plano Parkway
- Market: Plano
- Landlord: Lucy Billingsley & Henry Billingsley - Billingsley Co.
- Tenant: Chicago School of Psychology
- Landlord's Representative: Gini Rounsaville & Trevor Franke - JLL
- Tenant's Representative: Dean Collins - Cushman & Wakefield
Gini Rounsaville and Trevor Franke represented the landlord, Billingsley Co., while Dean Collins served as the representative for the tenant, the Chicago School of Psychology. This lease agreement underscores the collaboration between the involved commercial real estate professionals.
On the Map
Office
View full map
Players
Plano Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
Deal FAQ
Browse Texas office leases on Traded.
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