Kevin J Santaularia Of Bradford Companies Acquires Office Building In Dallas From Whitestone Uptown Tower LLC
4144 North Central Expressway
Building Size
253,561 SF
Asset Type
Office
Closing
Jul 21, 2025
AI
The asset involved in this transaction is an office property located at 4144 North Central Expressway in Dallas. The building encompasses a total of 253,561 square feet and consists of 12 stories. It was constructed in 1982 and underwent renovations in 1994. The property is currently approximately 52% leased, a decrease from over 80% leasing two years prior. The last appraisal of the property was at $22 million.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Undisclosed
- Buyer: Kevin J Santaularia - Bradford Companies
- Seller: Whitestone Uptown Tower LLC
- Broker: Weitzman
This transaction was facilitated by Kevin J Santaularia representing Bradford Companies as the buyer. The sale reflects a strategic acquisition by the company, enhancing its portfolio within the Dallas market.
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