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7500 Dallas Parkway

Eduardo Gildenson Of Gildenson Real Estate Leases 17861 Square Feet To ServiceLink In Plano
LEASEDOffice

Eduardo Gildenson Of Gildenson Real Estate Leases 17861 Square Feet To ServiceLink In Plano

7500 Dallas Parkway

Building Size

17,861 SF

Asset Type

Office

Closing

Jun 17, 2025

AI

The asset involved in this transaction is a 17,861-square-foot office located at 7500 Dallas Parkway in Plano. The property has undergone recent upgrades and is now fully leased.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 7500 Dallas Parkway
  • Market: Plano
  • Landlord: Eduardo Gildenson - Gildenson Real Estate
  • Tenant: Chris Azur - ServiceLink
  • Landlord's Representative: Jared Laake - Bradford Commercial Real Estate Services
  • Tenant's Representative: Michael Griffin - Transwestern

ServiceLink of Texas is set to move into the leased office space in October. The transaction was facilitated by Jared Laake, who represented the landlord, and Michael Griffin, who represented the tenant in this lease agreement.

Players

Michael Griffin

Transwestern

Broker

3 deals

Broker
Bradford Commercial Real Estate Services
Bradford Commercial Real Estate ServicesBrokerage
Transwestern
TranswesternBrokerage
Eduardo Gildenson

Eduardo Gildenson

Gildenson Real Estate

Landlord

$13M

vol

3 deals

Landlord
Gildenson Real Estate
Gildenson Real EstateLandlord

Plano 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