J.P. Morgan Chase Leases 41,000 Square Foot Office At The Tower At Hall Park In Frisco
6605 Warren Parkway
Building Size
41,000 SF
Asset Type
Office
Closing
Aug 27, 2026
About this deal
AI
The property asset involved in this transaction is an office located at 6605 Warren Parkway in Frisco, TX. The asset encompasses 41,000 square feet of space, specifically designed for office use.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 6605 Warren Parkway
- Market: Frisco, TX
- Tenant: Jamie Dimon - J.P. Morgan Chase
- Square Footage: 41,000
- Opening Date: Early 2028
- Initial Employment Capacity: 120 employees
- Planned Employment Capacity: 150 employees
The deal features Jamie Dimon representing J.P. Morgan Chase, which has signed the lease at The Tower at Hall Park. This new hub will enhance the bank's presence in Collin County, addressing the increasing demand for their commercial, private, and wealth management services.
Players
Sullivan 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