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100 Energy Way, Fort Worth,...

JLL Brokers Sell Office Space At 100 Energy Way In Fort Worth For 02/24/2021 Transaction
SOLDOffice

JLL Brokers Sell Office Space At 100 Energy Way In Fort Worth For 02/24/2021 Transaction

100 Energy Way, Fort Worth, TX, USA

Building Size

409,997 SF

Asset Type

Office

Closing

Feb 23, 2021

AI

A 409,997 square foot office property located at 100 Energy Way in Fort Worth has been sold. The transaction took place on February 24, 2021. The property was listed for sale, and the transaction was facilitated by Todd Burnette, Pat McDowell, David Berzina, and John Davidson from JLL.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Address: 100 Energy Way
  • Market: Fort Worth
  • Brokers: Todd Burnette, Pat McDowell, David Berzina, John Davidson - JLL

The sale of the office property at 100 Energy Way in Fort Worth represents a significant transaction in the real estate market. The involvement of JLL brokers Todd Burnette, Pat McDowell, David Berzina, and John Davidson demonstrates their expertise and effectiveness in closing deals in the Fort Worth area.

Players

Todd Burnette

JLL

Broker

$18M

vol

5 deals

Broker

Fort Worth Office Market Snapshot

Boundary boundary · Office · Sale transactions

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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