Ken Hersh Of HFI Capital Management And Chad Cook Of Quadrant Investment Properties Acquire 1333 Oak Lawn Avenue In Dallas
1333 Oak Lawn Avenue
Building Size
126,000 SF
Asset Type
Office
Closing
Sep 2, 2025
About this deal
AI
The property involved in the transaction is a newly built Class A office building located at 1333 Oak Lawn Avenue in Dallas's Design District. The building encompasses a total square footage of 126,000 and is designed to offer modern amenities that cater to tenants’ needs.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 1333 Oak Lawn Avenue
- Market: Dallas
- Buyer: Ken Hersh - HFI Capital Management
- Buyer: Chad Cook - Quadrant Investment Properties
- Asset Size: 126,000 SF
Ken Hersh from HFI Capital Management will relocate its offices to the new space, while Chad Cook from Quadrant Investment Properties represents his firm in this acquisition. The new property is to be rebranded as The Capital Design District, which will include amenities such as a tenant lounge, rooftop pickleball, and a ground-floor restaurant named Maroma, overseen by Chef Omar Flores.
On the Map
Office
View full map
Players
Dallas Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
Browse Dallas office sales on Traded.
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