Evoque Data Centers Acquires Dallas Office Building On Webb Chapel Rd For $205M
11830 Webb Chapel Road, Dallas, Texas 75234, United States
$205,000,000
$554/SF
Building Size
370,000 SF
Asset Type
Office
Closing
Aug 17, 2022
About this deal
AI
Evoque Data Centers has acquired an office property located at 11830 Webb Chapel Road in Dallas. The transaction was facilitated by Eastdil Secured. The property spans approximately 370,000 square feet and was sold by Digital Realty Trust, represented by Greg Wright. The sale price for the property was $205,000,000, resulting in a price per square foot of $554.
Summary of transation details
- Property Type: Office
- Transaction Amount: $205,000,000
- Address: 11830 Webb Chapel Road
- Market: Dallas
- Buyer: Evoque Data Centers
- Seller: Digital Realty Trust
- Broker: Eastdil Secured
- Square Footage: 370,000
- Price per Square Foot: $554
The acquisition of the office property at 11830 Webb Chapel Road in Dallas was made by Evoque Data Centers. The transaction was facilitated by Eastdil Secured. Digital Realty Trust, represented by Greg Wright, acted as the seller in the deal. The property spans approximately 370,000 square feet and was sold for $205,000,000, resulting in a price per square foot of $554.
Players
Dallas 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
0.08%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93