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4055 Valley View Lane, Dall...

Larson Capital Management Acquires Dallas Office Building At 4055 Valley View Lane
SOLDOffice

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

Buchanan Street Partners
Buchanan Street PartnersBrokerage

Timothy Ballard

Buchanan Street Partners

Seller

$129.5M

vol

8 deals

Seller

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