The property asset involved is located at 8550 Freeport Parkway in Irving. It is classified as an office space with a total square footage of 58,350 and is situated in a business center originally constructed in 1999. SiriusXM has renewed its lease at this location, maintaining its status as the sole tenant in Building III.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Address: 8550 Freeport Parkway
• Market: Irving
• Landlord's Representative: Rhett Miller & Tim Terrell - Stream Realty Partners
• Tenant's Representative: Ryan Buchanan - CBRE
• Lease Renewal: SiriusXM
• Square Footage: 58,350

In this transaction, Rhett Miller and Tim Terrell from Stream Realty Partners represented the landlord in the lease renewal negotiations, while Ryan Buchanan from CBRE represented SiriusXM. This collaboration has ensured the continued occupancy of the facility by SiriusXM.