Multiview Signs Lease For Office Space At 7701 Las Colinas Ridge In Irving
7701 Las Colinas Ridge, Irving, TX 75063
Building Size
82,093 SF
Asset Type
Office
Closing
Aug 5, 2020
About this deal
AI
Regent Properties has leased an office space located at 7701 Las Colinas Ridge in Irving. The property, spanning 82,093 square feet, is owned by Regent Properties and was leased by the tenant Multiview. The deal was facilitated by JLL, serving as the tenant's representative, and Transwestern, serving as the landlord's representative.
Summary of transaction details
- Property Type: Office
- Transaction Amount: N/A
- Address: 7701 Las Colinas Ridge, Irving
- Market: Irving
- Square Footage: 82,093
The tenant, Multiview, was represented by JLL in the leasing deal. Regent Properties, the landlord, was represented by Transwestern. No additional details about the transaction were provided.
Players
Irving Office Market Snapshot
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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