Billingsley Co Leases 17327 Square Feet On Cypress Waters Blvd In Coppell With Tenant Rep Christopher Fleeger
LEASED
Texas
See Similar DealsOffice17,327 SF
LEASED
Billingsley Co Leases 17327 Square Feet On Cypress Waters Blvd In Coppell With Tenant Rep Christopher Fleeger
Cypress Waters BLVD, Coppell, TX, 75...
See Similar DealsOffice17,327 SF
Summary
TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:17,327 SF
Transaction Type:Lease
Optym has signed a lease for office space at Cypress Waters, located on Cypress Waters Blvd in Coppell, TX. The leased space encompasses 17,327 square feet within a 1,000-acre mixed-use development by Billingsley Co. This development is situated just outside DFW International Airport.
Summary of transaction details:
- Property Type: Office Lease
- Transaction Amount: Not disclosed
- Address: Cypress Waters BLVD, Coppell, TX
- Market: Coppell
- Square Feet: 17,327
- Tenant: Optym
- Landlord: Billingsley Co
- Tenant's Representative: Christopher Fleeger-Morrow Hill Corporate Advisor
- Landlord's Representative: Marijke Lantz Flowers-Billingsley Company
Optym is planning to relocate its headquarters from Gainesville, Florida, to the new leased space starting in August. The lease negotiations were handled internally by Marijke Lantz of Billingsley Co., while Christopher Fleeger of Morrow Hill represented Optym in the transaction.
Players
LANDLORD
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$993,173.18
Total Lease Value
$9,931,731.84
Net Landlord Cash Flow$993,173.18
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