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Renaissance Tower, 1201 Elm...

The Cambria Group Leases 1,550 SF Office Space On Elm Street In Dallas
SOLDOffice

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

TG
The Cambria GroupTenant

Dallas Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

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