Larson Capital Management Acquires Dallas Office Building At 4055 Valley View Lane
4055 Valley View Lane, Dallas, TX 75244
Building Size
240,000 SF
Asset Type
Office
Closing
Jun 15, 2020
AI
The recent sale of an office property in Dallas has garnered attention in the real estate market. The property, located at 4055 Valley View Lane, spans across 240,000 square feet. It was sold on June 15, 2021, by Buchanan Street Partners, represented by Timothy Ballard, to Larson Capital Management, represented by Paul Larson.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not available
- Seller: Buchanan Street Partners - Timothy Ballard
- Buyer: Larson Capital Management - Paul Larson
- Market: Dallas
The deal was made between Buchanan Street Partners, a real estate investment firm represented by Timothy Ballard, and Larson Capital Management, a prominent property management company represented by Paul Larson. The transaction highlights the successful negotiation and purchase of the 240,000 square foot office property on Valley View Lane in Dallas.
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