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American Honda Finance Corp Leases Office Space In Irving, TX With CBRE And JLL

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LEASED

Texas

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Office23,142 SF
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LEASED

American Honda Finance Corp Leases Office Space In Irving, TX With CBRE And JLL

8111 Royal Ridge Pkwy, Irving, TX, 75...

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Office23,142 SF
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Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:23,142 SF
Transaction Type:Lease

The Royal Ridge complex, located at 8111 Royal Ridge Pkwy in Irving, TX, spans 500,000 square feet and houses various office spaces. American Honda Finance Corp. has expanded its office lease within the complex, adding 23,142 square feet to its existing footprint. The property is owned by Accesso, a Florida-based landlord, while the tenant was represented by Tim Vaughan from CBRE, and the landlord was represented by Michael Williams from JLL.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not Applicable
  • Tenant: American Honda Finance Corp
  • Landlord: Accesso
  • Square Feet: 23,142
  • Tenant's Rep: Tim Vaughan (CBRE)
  • Landlord's Rep: Michael Williams (JLL)

American Honda Finance Corp’s lease expansion brings their total office space at Royal Ridge to nearly 100,000 square feet. Timothy Vaughan of CBRE represented the tenant, while John Brownlee and Michael Williams of JLL worked on behalf of the landlord, Accesso, in the negotiations. The deal showcases the continued growth and commitment of American Honda Finance Corp within the Royal Ridge complex in Irving.

Players

Michael Williams
4 deals
BROKER

Tim Vaughan
CBRE
2 deals$37.9M volume(310) 363-4888
BROKER

Accesso
LANDLORD

Details

LEASED
IMAGE: 8111 Royal Ridge Pkwy, Irving, TX, 75... MARKET: Irving ASSET TYPE: Office TENANT'S REP: Tim Vaughan(CBRE) LANDLORD'S REP: Michael Williams(JLL) TENANT: American Honda Finance Corp LANDLORD: Accesso SQUARE FEET: 23142

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Deal Type
Effective Rent (Annual)

$1,326,485.48

Total Lease Value

$13,264,854.75

Net Landlord Cash Flow$1,326,485.48