FINANCEDOffice
Brandon Huffman, Jeff Fronek, Chris Santana, And Chad Pike Landlord In Dallas Secures $80.28M Loan
16000 Dallas Parkway
$80,275,000
$213/SF
Building Size
376,259 SF
Asset Type
Office
Closing
Jun 10, 2026
About this deal
AI
The property asset involved in this transaction is an office space located at 16000 Dallas Parkway in Dallas, TX. It comprises a total square footage of 376,259 and is part of a broader acquisition transaction with a loan amount of $80,275,000.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $80,275,000
- Loan Type: Acquisition
- Lender: Marc Rowan
- Landlord: Brandon Huffman, Jeff Fronek, Chris Santana & Chad Pike
- Landlord's Representative: Jordan Roeschlaub, Nick Scribani, Chris McColpin, Dan Axelson, Robert Hill, Gary Carr, Chris Murphy & Austin Sheahan - Newmark
This acquisition involved multiple key individuals and firms, highlighting the collaboration among several parties in the transaction. The lenders and representatives have a defined role in facilitating this deal, showcasing a significant level of engagement from various professionals within the real estate finance and brokerage sectors.
Players
Market Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.20%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93