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11830 Webb Chapel Road, Dal...

Updated Oct 28, 2024

Evoque Data Centers Acquires Dallas Office Building On Webb Chapel Rd For $205M
SOLDOffice

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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Deal FAQ

About $554 per square foot on a published $205M for 370,000 square feet (2022).

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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

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