The Cambria Group Leases 1,550 SF Office Space On Elm Street In Dallas
Renaissance Tower, 1201 Elm St, Dallas, TX 75270, USA
Building Size
15,500 SF
Asset Type
Office
Closing
Aug 9, 2020
AI
Located at 1201 Elm Street in Dallas, this office property was recently leased in a transaction. Spread across 1,550 square feet, the asset has been occupied by The Cambria Group.
Summary of transaction details:
- Property Type: Office
- Tenant: The Cambria Group
- Address: 1201 Elm Street
- Market: Dallas
- Square Footage: 1,550
The lease deal was facilitated with the assistance of brokers from Newmark Knight Frank (represented by Garrison Efird) and CBRE. For more information about Garrison Efird and the National Tenant Representation Practice, based in Texas within Newmark Knight Frank’s Dallas office, you can reach out via email at [email protected] or by phone at +1 972 715 4306. Additional details can also be found on their website at www.garrisonefird.com.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93